According to Oxera and the Association for Financial Markets in Europe (AFME), 83% of European equity trading takes place on venues, contrary to recently published data.
According to the Coalition Greenwich index, equities revenues reached one of the highest quarterly revenues in a decade excluding losses related to the Archegos scandal.
With three quarters of trading taking place between the UK and international institutional counterparties, European asset managers could be left at a disadvantage.
ODDO BHF will be used by Commerzbank across its equity brokerage and equity research divisions following plans to exit the market.
Recent survey by JP Morgan found that nearly a third of equities traders said their use of high-touch trading had increased during the pandemic.
Following the explosive events surrounding GameStop in January, Annabel Smith unpacks the role of social media in this cautionary tale and its impact on institutional investors.
The US equities periodic auctions are expected to launch at Cboe during the third quarter of this year.
Move to acquire the remaining 50% stake in Exane follows BNP Paribas’ major deal with Deutsche Bank to take on its electronic equities and prime brokerage clients.
FCA has changed the UK’s approach to the double volume caps following a shift of share trading from London to the EU after Brexit.
The comments were made before the US House of Representatives’ Committee of Financial Services, which discussed the increased volatility from retail traders in January.