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ESMA updates bonds transparency calculations for MiFID II/MiFIR

The European Securities and Markets Authority (ESMA) has updated its MiFID II/ MiFIR transitional transparency calculations (TTC) for bonds.

The update relates to the liquidity assessment for bond instruments except for ETCs and ETNs. Trading venues are expected to apply the new results from 23 April 2018.

Original article link: https://www.esma.europa.eu/press-news/esma-news/esma-updates-bonds-transparency-calculations-mifid-iimifir

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