Europe Archive

February 15, 2012

BCNs face omission from OTF regime

BCNs face omission from OTF regime

The European Parliament is strongly considering scaling back MiFID II proposals to include broker crossing networks in a new trading venue category, due to fears of increased fragmentation. read more>

February 15, 2012

EMIR still risks missing G20 deadline

A three-month extension may not provide enough time to complete new rules for trading and clearing OTC derivatives, unless regulators draw substantially on industry experience, market participants warn. read more>

February 14, 2012

IOSCO chooses Wright for top job

Former European Commission heavyweight David Wright been selected as the next secretary general of the International Organisation of Securities Commissions. read more>

February 13, 2012

ESMA extends EMIR deadline to September

The European Securities and Markets Authority, the region’s securities watchdog, will extend its deadline for writing the technical standards for the European market infrastructure regulation until 30 September, according sources close to the matter. read more>

February 13, 2012

LSE consults on IOB market making plans

The London Stock Exchange is seeking market feedback on plans to launch an integrated electronic market making scheme on its International Order Book for trading foreign depository receipts. read more>

February 13, 2012

Polish CCP prepares for OTC clearing

Polish CCP prepares for OTC clearing

Newly-established Polish clearing house and central counterparty, KDPW_CCP, has adopted a new OTC derivatives clearing solution to meet global standards. read more>

February 13, 2012

Liquidnet adds non-executive director in Europe

Block trading venue operator Liquidnet has announced that Patrick Young has joined its European business as a non-executive director. read more>

February 13, 2012

Tipping point

Regulation and discretion can often seem like two opposing forces. Europe's tick sizes have a polarising effect on market participants, with major differences of opinion emerging over who should decide the increments in which stocks are available to trade. So what is the best solution - regulation, discretion, or neither? read more>

February 10, 2012

Hooper quits as Aritas plots European restructure

Marcus Hooper has stepped down from his position as executive director and head of Europe at block trading facility Aritas, as the firm seeks to reposition its offering in the region. read more>

February 10, 2012

LCH.Clearnet expects announcement on LSE bid

LCH.Clearnet, the Anglo-French multi-asset clearing house, expects to make announcement on its ongoing merger negotiations with the London Stock Exchange “shortly”, but CEO Ian Axe declined to give a date in conference call following the release of the member-owned clearer’s 2011 results. read more>