EuroCCP and Clearstream expand post-trade pan-European connection following Freetrade launch
All exchange traded equities and exchange traded funds (ETFs) cleared via EuroCCP will now be eligible for settlement on Clearstream Banking.
Europe
Brussels sets out plans to offer three-year extension to UK clearing equivalence
The EU could potentially extend its current temporary 18-month equivalence decision to give banks on the Continent access to UK clearinghouses until 2025.
Peel Hunt taps ION platform to grow European equity market making business
The renewal of its relationship with ION’s Fidessa platform builds on Peel Hunt’s existing 18-year relationship with the trading technology provider.
Cboe Europe, EuroCCP partner with Freetrade to give UK retail investors commission-free access to pan-European markets
Through the collaboration, UK retail investors can use Freetrade’s commission-free platform to invest in German and Finnish listed stocks and clear through EuroCCP.
FIA Tech expands into the UK with new London-based subsidiary
New office will focus on research and development, as well as servicing UK and European-based clients.
BondCliQ’s receives LSEG and buy-side backing for European expansion
The exchange, alongside Aflac Ventures and SEI, raised $7.5 million for BondCliQ in a Series A funding round while Vanguard has engaged as a strategic partner.
ESMA publishes appropriateness and execution-only MiFID II guidelines
The final guidelines follow a public consultation with participants and aim to enhance clarity and foster convergence in the industry’s approach to investor protection under MiFID II.
Dark trading: navigating a post-Brexit divergent world
Following the European Commission’s recent changes to the MiFID II regulation, Annabel Smith takes a look at the UK and Europe’s opposing approaches to dark trading and market transparency post-Brexit and the potential for a fragmented liquidity landscape.
The TRADE predictions series 2022: regulatory divergence in the UK and Europe post-Brexit
Following Brussel’s recent changes to MiFID II in November and with the results of the UK’s Wholesale Markets Review due to come into play early next year, these participants expect regulatory divergence to take centre stage in 2022.
UK-based LCH and ICE Clear Europe should keep EU recognition status, says ESMA report
European securities regulator found that the risks associated with derecognising the Tier 2 central counterparties did not outweigh the benefits of keeping them in place.