ICMA responds to ESMA Consultation Paper on MiFID II/ MiFIR review on the functioning of Organised Trading Facilities (OTF)

 

25 November 2020 ICMA has provided feedback regarding ESMA’s surprisingly wide scoped consultation on the functioning of the Organised Trading Facility regime. The response was based on the views of members ICMA’s OTF taskforce representing buy-side and sell-side investment firms, trading venues and software and technology providers, conveying a broad view from across the industry. The consultation covers OTFs and potentially forcing software and tech providers to be authorised as trading venues.
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