Consultation: ESMA – Call for evidence on periodic auctions for equity instruments test

The European Securities and Markets Authority (ESMA) has published today a call for evidence on periodic auctions for equity instruments. Following the introduction of MiFID II/MiFIR on 3 January, a new type of periodic auction trading system for equity instruments consisting of auctions of a very short duration during the trading day triggered by market participants has been rapidly gaining market share – frequent batch auctions.

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Deadline: 11 January 2019.

Source: European Securities and Markets Authority

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