ESMA officially scraps ‘hardly read’ RTS 28 best execution reports
The decision follows an agreement reached by the European Union and Parliament concerning the Mifid/Mifir review in June last year.
The decision follows an agreement reached by the European Union and Parliament concerning the Mifid/Mifir review in June last year.
Individual was previously director of sales and business development; has previously worked at MarketAxess, BNP Paribas Fortis, Groupe Crédit du Nord, and Crédit Agricole CIB.
Currently “most” firms have not gotten into the habit of regular reviews and subsequent adjustments to their liquid asset levels in line with external market changes, said the regulator.
Proposal to draw Euro clearing back to the Bloc via active clearing accounts with European CCPs has proved divisive with participants who claim the move could be anti-competitive.
Liquidity is continuing to shift away from continuous lit trading as traders increasing seek flexibility, SIX Swiss Exchange finds in new research.
Individual has been with State Street since 2000, currently serving as chief executive of State Street Global Advisors Europe.
Amid stagnant volumes and increasing fragmentation, the industry must draw its focus away from UK and European divergence and refocus its attention on competing with the rest of the world, writes Annabel Smith.
The bank joins a list of 66 members who are currently admitted to the exchange.
Incoming individual has an established emerging markets focus; most recently worked at Goldman Sachs and Citi.
The TRADE sits down with Tobias Stein, head of fixed income and trading at Quoniam Asset Management, to discuss the EU’s consolidated tape (CT) plans, unpacking key data considerations, empirical use cases, and what providers of the tape should consider.