Reports of suspicious transactions and orders surge under MAR
ESMA has called for greater supervision of STORS under MAR, as number of reports from firms surged 130% in 2017.
Europe
London Stock Exchange begins consultation on shorter equity trading hours
Following calls from the industry to reduce trading hours in Europe, the LSE has started a consultation and is accepting responses until the end of January.
Cboe confirms acquisition of equities clearing house EuroCCP
Cboe Global Markets will develop clearing and equity derivatives trading in Europe with its acquisition of EuroCCP.
Euronext to migrate Oslo Børs markets to Optiq platform after derivatives migration
Following the migration of the derivatives market to Optiq, Euronext plans to shift Oslo Børs markets to the new trading system next year.
European derivatives market valued at €735 trillion
Interest rate derivatives accounted for 76% of the market in Europe during 2018, according to an annual report from ESMA.
Eurex launches EUR fixed income ETF options
Eurex has launched EUR fixed income ETF options after launching USD fixed income ETF options in 2017.
Industry warned as regulators fail to provide feedback on MiFID II transaction reporting
Firms are at risk of fines for MiFID II transaction reporting failures, as almost 70% state they have received no feedback at all from regulators on submissions.
ESMA chair outlines staggered and focused approach to MiFID II review
ESMA chair Steven Maijoor acknowledged a recent position paper from the German regulator calling for reform to MiFID II in Europe during a keynote address.
SIX Group and Euronext battle to acquire Spanish stock exchange BME
SIX Group has said it will make an offer of €2.8 billion to acquire BME, as Euronext says it is also in talks with the Spanish exchange operator.
EU Commission confirms plans to extend temporary equivalence of UK CCPs
European Commission vice president, Valdis Dombrovskis, said in London today that the EU plans to extend the temporary equivalence for UK CCPs.