European Parliament member Markus Ferber has said " something is seriously wrong " with the low number of traders publishing live data on liquid ##ity following the implementation of bond II . The European Securities and Markets Authority ( ESMA ) reported just 220 of 71,000 bonds were deemed liquid enough to require live reporting during Q1 2018 , and cited the low quality of data received from bond markets . However , Ferber , who co - authored the bond II requirements , said it was down to ESMA to do what was necessary to gather the required data .
European Parliament member Markus Ferber has said "something is seriously wrong" with the low number of traders publishing live data on liquid bonds following the implementation of MiFID II. The European Securities and Markets Authority (ESMA) revealed just 220 of 71,000 bonds were deemed liquid enough to require live reporting during Q1 2018, and blamed the low quality of data received from bond markets. However, Ferber, who co-authored the MiFID II requirements, said it was down to ESMA to do what was necessary to gather the required data.