Europe 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>

London-based derivatives exchange NYSE Liffe has reported volume growth in a number of key contracts, which it partly attributes to a move from swaps to futures ahead of new regulation. 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>

The London Stock Exchange has published its draft rulebook for the High Growth Segment, a new section of its main market for high growth companies that it plans to launch in March. 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>

The final sign off of the European markets infrastructure regulation will avoid lengthy delays after regulators agreed a last minute deal related to the treatment of non-financial swaps users. 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>

Dark multilateral trading facilities increased as a percentage of European equity activity in January, as overall trading in the region reached its largest total since May 2012. read more>