Articles tagged with: Best Execution

RTS 11: Tick Sizes

All MiFID symbols will move to the prescribed tick sizes on the implementation date. Subject to feedback, symbols currently outside the scope of MiFID (within scope under MiFID II) may be migrated to the prescribed tick tables ahead of implementation date. The tick size requirement will apply to limit prices on orders. It will not apply to executions.

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RTS 27: Best Execution

MiFID II defines a requirement for trading venues to provide best execution reports, free of charge and downloadable in a machine readable format. The readability and accessibility of these reports is key, given the intended audience of the public. Bats intends to provide reports in CSV format and will make specification documents available ahead of implementation. The first reports are not required to be published until Q2 2018, but Bats may choose to make them available ahead of this time.

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