Esma expected to tighten rules for Mifid data services

After criticism of new regime, market is braced for guidance that could pile pressure on APA business

file data_Getty - web.jpg
Public handover: controversy has surrounded the way APAs disseminate delayed data

European authorities are expected to issue guidance on how trading venues publish post-trade data. Confusion over the rules, part of a wider overhaul of transparency in Europe’s financial markets, has dogged initial attempts to release trade information.

Two sources at trading venues that operate APAs, or approved publication arrangements, believe either the European Securities and Markets Authority or the UK’s Financial Conduct Authority will make further recommendations.

“We are expecting

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here