Q&A · ESMA
Best Execution
Answered
Read the official text on the ESMA website(opens in a new tab)AI-generated Summary
For RTS 27 reporting of instruments traded on an EU venue for which ESMA publishes no SMS, LIS or SSTI values (including non-EU instruments), venues should use the smallest standard market size for the instrument type and the LIS thresholds of the lowest liquidity band in RTS 1, and the transparency Q&A approach for bonds.
Details
| Reference | ESMA_QA_1068 |
|---|---|
| Issuer | ESMA |
| Published | 11 Jul 2019 |
| Answered | 11 Jul 2019 |
| Submitted | 11 Jul 2019 |
| ESMA topics | Best Execution |
| Earlier Q&A document | ESMA35-43-349 Investor protection Best execution Q&A 25 |
Provisions it relates to
- Article 27 MiFID II · Obligation to execute orders on terms most favourable to the clientInferred · 75%
- MiFID II (whole act)Explicit reference