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What are the pre- and post-trade transparency requirements for UK trading venues in respect of shares and other equity-like instruments?

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Published by a ÑÇÖÞÉ«ÇéÍø Financial Services expert
Published on: 02 May 2025
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What are the pre- and post-trade transparency requirements in respect of shares and other equity-like instruments under UK MiFIR?

Pre-trade

Market operators and investment firms operating a trading venue are required to make public current bid and offer prices and the depth of trading interests at those prices which are advertised through their systems for shares and other equity-like instruments traded on a trading venue. This requirement also applies to actionable indication of interests. Information must be available to the public on a continuous basis during normal trading hours.

For detailed information, see Practice Note: MiFID II—UK trading venues — Requirements for RMs, MTFs and OTFs — Pre- and post-trade transparency requirements for market operators.

Post-trade

Market operators and investment firms operating a trading venue are required to make public the price, volume and time of the transactions executed in respect of shares and other equity-like instruments traded on that trading venue. Details of all such transactions are to be made public

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Jurisdiction(s):
United Kingdom

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