Europe Archive

Buy-side firms have had to wait two years for a European version of Markit's commission management platform, but conditions in the region mean they may take to it quicker than their US equivalents. read more>

BATS Chi-X Europe, the region's largest equities trading venue by volume traded, has appointed David Howson as COO from rival multilateral trading facility Equiduct Systems. read more>

Crédit Agricole has become the first bank to provide sponsored access to its buy-side clients on London Stock Exchange-owed non-government bonds platform MTS Credit – but the bourse says it is in no hurry to add others immediately. read more>

US-based derivatives exchange CME Group is set to submit an application to the European Securities and Markets Authority in a bid to become a trade repository in Europe. read more>

Adequate liquidity provision will be reign as the central issue for the growing number of new European equity venues, senior buy- and sell-side participants agreed at a panel discussion yesterday. read more>

A single consolidated market data tape in Europe is still a number of years away, but it looks increasingly likely that the European Securities and Markets Authority will play a leading role, a conference session on MiFID II heard yesterday. read more>

Market changes driven by regulation and technology offer opportunities that should not be stifled by uninformed fear of the unfamiliar, regulators and stakeholders agreed on the opening morning of TradeTech 2013 in London today. read more>

A large-scale crash in financial markets due to automated trading is inevitable and MiFID's policy-makers are still out of step with how financial markets technology works, a senior academic claimed at high-frequency trading event in London yesterday. read more>

European trading veteran Mark Spanbroek has been appointed non-executive director of new European equities trading venue Aquis Exchange. read more>

A loophole created by the exception of OTC derivatives from the issuance principle in the European financial transaction tax proposal needs to be closed as it could "prove detrimental" to the tax's success, a European Parliament report says. read more>