Regulation Archive

A financial transaction tax in Italy will hit brokers' internal dark pools, forcing some to re-route orders away from their own pools and raising concern over the potential impact on liquidity. read more>

The latest European financial transaction tax proposal has raised further questions about the scope of the levy and left market participants facing the prospect of multiple taxes for a single transaction. read more>

UK buy-side trade body the Investment Management Association has published a paper to guide institutional investors through corporate access rules in response to efforts from the regulator to separate out different broker services. read more>

European market regulators have not properly assessed the cumulative effect of new regulations on market liquidity, which could be seriously impacted by the unintended consequences of new rules, a conference has heard. read more>

The Council of the European Union is likely to recommend that organised trading facilities encompass all asset classes as part of MiFID II, offering a reprieve to brokers that operate internal dark pools. read more>

MiFID II's extension to fixed income instruments must be appropriately calibrated to avoid the risk of draining liquidity from the bond market. read more>

OpenLink, a provider of transaction lifecycle management software, has unveiled a new product that aims to ease compliance with the new clearing and reporting rules for OTC derivatives in Europe. read more>

The success of the UK government's plan to separate banks' deposit and investment businesses will depend on whether 'simple' derivatives are included in ring-fenced activity. read more>

A research group focused on market regulation has appealed to US and European policymakers to harmonise clearing house authorisation in new global swaps rules to avoid market inefficiencies. read more>

Canada-based day trading firm Swift Trade has lost an appeal to the Upper Tribunal of the Tax and Chancery Chamber in the UK after contesting an £8 million fine for market abuse imposed by the country's the Financial Services Authority. read more>