Q&A · ESMA

Mandatory SI regime

Answered

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AI-generated Summary

Asked whether firms can become systematic internalisers under the mandatory regime in instruments not traded on a trading venue. ESMA deleted the question on 10 October 2025.

Details

Reference	ESMA_QA_1586
Issuer	ESMA
Published	3 Jun 2019
Answered	3 Jun 2019
Submitted	3 Jun 2019
ESMA topics	Systematic internaliser regime

Provisions it relates to

Article 4 MiFID II · Definitions
MiFID II
Inferred · 70%
MiFIR (whole act)
Explicit reference