MiFID II Review: EC could allow payment for order flow in Europe
An ongoing review of the revised Markets in Financial Instruments Directive (MiFID II) and Markets in Financial Instruments Regulation (MiFIR) has seen debate on the ...
TransFICC launches fixed income consolidated tape pilot
TransFICC, the specialist provider of low-latency connectivity and workflow services for Fixed Income and Derivatives Markets, has launched a new initiative to develop a ...
ESMA launches consultation to clarify boundaries of trading venues under MiFID II
The European and Securities Market Authority (ESMA) has launched a consultation on what constitutes a trading venue, and what can be considered a trading tool – and is ...
Ferber says ESMA ‘too powerful’ in new EC consolidated tape plan
The European Commission has today adopted a package of measures designed to improve the ability of companies to raise capital across the European Union (EU), including ...
EC to review mandatory buy-in rules under CSDR
Pete Tomlinson, director of post trade, AFME.
ESMA consultation on RTS 2 marks accelerated process
The European Securities and Markets Authority (ESMA) has launched a consultation on the development of draft regulatory technical standards to specify the pre-trade ...
Primary markets : Discretion is the better part of bond issuance
The US regulator has raised questions over bank control of new issuance automation – the question is whether banks behave with valour. A recent report by the Securities ...
ESMA reports improving credit risk but Overbond warns on liquidity risk
The European Securities and Markets Authority (ESMA) has released its latest ‘Trends, Risks and Vulnerabilities’ (TRV) report, finding that fixed income markets ...
FILS Day 2: Heat around the consolidated bond tape
Elizabeth Brooks Callaghan, director for secondary markets, ICMA.
ESMA: Hundreds of bond funds suspended redemptions in record-breaking March sell-off
A new report by the European Securities and Markets Authority has laid out how systemic risk might be created through funds’ inability to process redemptions during ...
Governance key to EU consolidated bond tape's success
The International Capital Markets Association (ICMA) has published a report outlining the possible routes to delivering a successful consolidated tape of price data of ...
ESMA relaxes best ex reporting
The European Securities and Markets Authority (ESMA) has pushed back reporting of best execution by execution venues and trading firms, which are regulatory requirements ...
Market data costs in spotlight under new FCA review
The UK’s Financial Conduct Authority (FCA) has issued a call for input (CFI) to better understand how data and advanced analytics are being accessed and used in the ...
EC launches wide ranging review of MiFID II/MiFIR and investment firms
The European Commission (EC) has launched a ‘Review of the regulatory framework for investment firms and market operators’ to capture any perceived changes needed to the ...
Reviews of MiFID II transparency raise concerns
The European Securities and Markets Authority (ESMA) launched consultations on 3 February 2020 for the regime for non-equity instrument systematic internalisers (SIs), ...
