On October 16, ISDA and the Global FX Division of the Global Financial Markets Association responded to a consultation paper from the European Securities and Markets Authority (ESMA) on ‘Technical Standards specifying the criteria for establishing and assessing the effectiveness of investment firms’ order execution policies’. In the response, the associations discuss the requirement for pre-selected execution venues, mandatory consumption of consolidated tapes and categorization of financial instruments under the Markets in Financial Instruments Regulation, among other issues.
Documents (1) for ISDA, GFXD respond to ESMA on Order Execution Policies
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ISDA In Review – September 2026
A compendium of links to new documents, research papers, press releases and comment letters published by ISDA in September 2026.
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