The draft technical standards cover compression, rebalancing and basis-risk optimisation. They require market-risk neutrality within tolerances set by providers and largely codify current practice.
An update to the MiFIR transparency manual collects the tick-size Q&As, adds guidance on manual intervention and corporate actions, and sets out OTC derivatives reference data for the tape.
The work programme says the EU regulator is moving from preparation to delivery. Consolidated tapes, the 11 October 2027 T+1 date and transaction-reporting reform dominate the markets agenda.
