Q&A · ESMA
Organized Trading facilities OTFs
Answered
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Where an OTF also offers trading in REMIT carve-out wholesale energy contracts, it must describe that activity in its authorisation file (or to its competent authority before starting it), and the management body's responsibilities extend to that non-financial trading because it can affect the investment business.
Details
| Reference | ESMA_QA_1655 |
|---|---|
| Issuer | ESMA |
| Published | 3 Oct 2017 |
| Answered | 3 Oct 2017 |
| Submitted | 3 Oct 2017 |
| ESMA topics | Multilateral and bilateral systems |
| Earlier Q&A document | ESMA 70-872942901-38 MiFID II MiFIR market structures Q&A, Q&A 5.23 |
Provisions it relates to
- Article 20 MiFID II · Specific requirements for OTFsInferred · 75%
- MiFID II (whole act)Explicit reference