Opinion on frequent batch auctions (FBAs) and the double volume cap mechanism (DVCM)
Initiative
Official name
Opinion on frequent batch auctions (FBAs) and the double volume cap mechanism (DVCM)
Type
Opinion
Level 3 / Other
Initiator
ESMA
Submitted
Doc. code
ESMA70-156-1355
Summary
Status
Status
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Current version
Final version
Next step
Entry into force and application
Entry into force
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Application date
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Scope
Associated initiatives
Level 1
MiFIR
(binding, Main version, EU)
Level 2
Level 3 / Other
Periodic auctions for equity instruments
(non-binding, EU)
Source: ESMA, ESMA70-156-1355, 2019