REGIS-TR to open trade repository in the UK
REGIS-TR is awaiting regulatory approval to establish a trade repository in the UK to continue serving clients post-Brexit.
Europe
Societe Generale to establish clearing base in Paris
As Brexit looms, Societe Generale is to open a new base in Paris for clearing of derivatives and OTC products by the end of the year.
Euronext global FICC head departs
Paul Humphrey has decided to leave Euronext after three years to pursue other opportunities.
Eurex Clearing gains ground with profit scheme for repo
Major investment banks including Citigroup and JP Morgan sign up to use the Eurex clearing profit scheme for repo as Brexit looms.
Oslo Børs and LSEDM end linked derivatives order book partnership
The linked derivatives order book partnership between LSEDM and Oslo Børs has been in effect since 2009.
ESMA welcomes no-deal Brexit central clearing equivalence plans
The European Commission has said it will adopt temporary equivalence to ensure no disruption to central clearing in the case of no-deal Brexit.
EU regulator seeks further evidence on concerns auction systems evade MiFID II rules
Controversial auction systems face regulatory intervention in Europe if ESMA finds the mechanism does not operate in the spirit of MiFID II.
Brexit will drive regulatory changes within MiFID II review, says MEP Swinburne
Political factors taking centre stage for future regulatory reviews or introduction of MiFID III, according to MEP.
TRACE-style system unlikely to solve European fixed income data problems
Fragmented nature of European regulatory authorities means a TRACE-style source of fixed income data is unlikely to be replicated in Europe, according to panelists.
Consolidated tape remains a dream for fixed income traders
Fixed income participants express frustration at the unlikely launch of a consolidated tape in Europe for fixed income trading data.