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ESMA Q&A 986 — Q&A — Fees charged to CCPs in relation to access to trading [Question Published]

Financial servicesLevel 3Q&AMiFIRStage: SubmittedOfficial source

Fees charged to CCPs in relation to access to trading venues

Question

Article 11 of RTS 15 MiFIR permits a trading venue to charge fees to a CCP in relation to access to the trading venue, which can include fees charged to cover one-off and ongoing costs. Can a trading venue that has already granted access to a CCP be permitted to charge new fees, whether one-off or ongoing, that were not agreed at the time of access, and if so, under which circumstances?

Source: ESMA original document