Valerie Ledure - Qedcommunication.eu

1. Market structure – Non-discriminatory access
• In complement to EMIR (covers only OTC derivatives)
• To remove commercial barriers in the trading and post-trading space
and ensure effective competition in the exchange-traded derivatives
space:
- trading venues get access to clearing services of central counterparties
on a non-discriminatory basis (incl. regarding collateral requirements
and access fees) in all financial instruments
- central counterparties can offer clearing services in whatever financial
instrument traded on a trading venue on a non-discriminatory basis (i.e.
non-discriminatory access to trade feeds)
- Access to data feeds and licences on a reasonable commercial basis by
any CCP or trading venue (i.e. at a price no higher than the lowest price
at which access has been previously granted)
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