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Coronavirus (COVID-19)—FCA updates statement on MiFIR open access rules for trading and clearing of ETDs

Published on: 07 July 2020
Published by LNB News

LNB News 07/07/2020

Document Information

Issue Date: 07 July 2020

Published Date: 07 July 2020

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

The Financial Conduct Authority (FCA) has updated its statement on the open access regime for trading and clearing exchange-traded derivatives (ETDs). In its update the FCA announces that the date from which trading venues and central counterparties (CCPs) offering trading and clearing of ETDs must start applying open access rules has been delayed by a year to 4 July 2021. The EU co-legislators have agreed that this delay is appropriate in light of the adverse circumstances arising from the coronavirus (COVID-19) pandemic.

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