ESMA Q&A 987 — Q&A — Fees charged to CCPs [Forwarded to EC/Public Consultation/Other]

Fees charged to CCPs in relation to access to trading venues

Question

Recital 5 of RTS 15 MiFIR sets out that charging fees in a discriminatory way so as to deter access should not be permitted. Where a trading venue has close links to a CCP, should additional considerations be taken into account when considering whether fees are discriminatory, and if so, which considerations?

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Source: ESMA original document