Europe

Industry looking to address issues impacting liquidity growth in Europe as political uncertainty in the US opens up opportunities for the market. 

The statement comes ahead of the move to T+1 settlement and follows widespread discussion around European 24-hour trading after Cboe, Nasdaq and other venues announced plans to extend US equities hours. 

Market onlookers from Grasshopper Asia, FIS, Eurex, Tradeweb, and Sustainable Trading provide an additional view on what they believe will be the key macro-economic factors in the year to come, delving into their potential impacts in Europe, the US, Asia, and beyond.

A disparate and fragmented European Union is thwarting the continent’s ability to compete effectively with the largest markets in the world. But a new political impetus has reinvigorated the consolidation agenda, with a view to challenging national frameworks and bringing growth back to the region, writes Chris Lemmon. 

New report from Acuiti also notes the risk associated with new regulations as being a key concern on the horizon for market participants within the asset class.

Panellists at TradeTech unpacked the ETF landscape in Europe, exploring the inevitable comparison between Europe and the US and discussing current hurdles preventing the former keeping up with the latter.

TradeTech panellists discussed ongoing market structure changes within Europe including the need for good data when developing a consolidated tape and whether too much fragmentation could be detrimental to the European market landscape.

TradeTech 2024 panellists agreed markets must continue to innovate but warned around potential unintended consequences that could arise from innovation.