MiFID II helps Tradeweb reach record European ETF volumes in January
Tradeweb saw record European ETF volumes last month, with 44.9% being traded via its AiEX electronic trading platform.
Europe
Europe to recognise LCH, ICE & LME as CCPs in ‘no-deal’ Brexit
ESMA has been making plans to prepare for a ‘no-deal’ scenario ahead of Brexit, with disruption to clearing being one of the biggest concerns.
Euronext digs in over Oslo Børs acquisition with increased offer
Exchange operator commits to ‘strategic project’ for Oslo Børs with improved bid to fend offer Nasdaq.
ESMA to suspend publication of vital MiFID II calculations in case of ‘no-deal’ Brexit
ESMA prepares for 'no-deal' Brexit with plans to temporarily suspend calculations for vital MiFID II rules including the SI regime, DVCs and bond liquidity.
Euroclear UK to continue Irish securities settlement in ‘no-deal’ Brexit
Euroclear’s London-based CSD to settle Irish securities in a ‘no-deal’ Brexit scenario after agreement with ESMA and the Bank of England.
MiFID II SI regime for derivatives delayed for a second time until 2020
ESMA cites bad data but gives no further details on when the regime will be implemented for derivatives, other than it will be in 2020 at the latest.
Goldman Sachs appoints European regulatory strategy head from Morgan Stanley
Eleanor Beasley left Morgan Stanley late last year after almost 15 years with the investment bank.
Aquis Exchange launches European business after gaining approval for MTF in France
The trading venue’s sales head will relocate to Paris to lead the MTF as CEO of newly-formed business, Aquis Exchange Europe.
Industry opposes regulatory intervention for periodic auctions
The EU financial regulator has published responses to its call for evidence, revealing that the industry is firmly behind the use of periodic auctions.
Bloomberg gets green light for Dutch MTF
Financial regulator in the Netherlands gives Bloomberg authorisation to establish a cross-border MTF in Amsterdam for its European clients.