Q&A · ESMA
Client relationship between two counterparties that trade on a trading venue
Answered
Read the official text on the ESMA website(opens in a new tab)AI-generated Summary
Trading on a trading venue, including on a request-for-quote basis, does not create a client relationship between the two counterparties.
Details
| Reference | ESMA_QA_1637 |
|---|---|
| Issuer | ESMA |
| Published | 15 Nov 2017 |
| Answered | 15 Nov 2017 |
| Submitted | 15 Nov 2017 |
| ESMA topics | Multilateral and bilateral systems |
| Earlier Q&A document | ESMA 70-872942901-38 MiFID II MiFIR market structures Q&A, Q&A 5.5 |
Provisions it relates to
- MiFID II (whole act)Explicit reference