Both buy- and sell-side firms agree the mandatory buy-in regime will have significant negative implications on Europe’s capital markets.
The MiFID II SI regime, best execution reporting, market data costs and the share trading obligation were among the areas the EFSA has urged authorities to prioritise.
As volumes seemingly continue to migrate towards the end of the trading day, Hayley McDowell investigates the rise of closing auctions in Europe and its impact on continuous trading for asset managers.
The EU authority’s new powers include increased oversight of third-country equivalence assessments working alongside the European Commission.
Immediately after circuit breakers are triggered, a study from ESMA finds that calmer trading conditions come at the cost of higher spreads.
Following the removal of Swiss equivalence in the European Union in July last year, Hayley McDowell examines the fallout of the political development and finds buy-side traders are benefitting from the substantial shift in market structure.
Boston-based Eaton Vance launched the Dublin office in response to demand for increased support in Europe ahead of Brexit.
After launching the business in the US last year, Fidelity Investments will establish crypto trading and custody services for European institutional investors.
ESMA has called for greater supervision of STORS under MAR, as number of reports from firms surged 130% in 2017.
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.