EuroCCP to clear trading for EU entities of Cboe, Turquoise & Aquis
Cboe and Turquoise have established EU entities in Amsterdam, while Aquis Exchange set up its new EU base in Paris.
Europe
Deutsche Bank and Commerzbank confirm talks over potential merger
Deutsche Bank and Commerzbank both released statements over the weekend confirming that talks about being held to explore a potential merger.
CME Group approved for Amsterdam entity ahead of Brexit
US exchange operator CME will transition some BrokerTec and reporting services from the UK to the Amsterdam entity.
RJ O’Brien outlines plans for Paris office
Pending regulatory approval, futures broker RJ O’Brien has said it will establish an office in Paris to build its European client base.
Cboe Europe gains approval for Dutch trading venue
Cboe will operate an MTF and APA from Amsterdam as the UK’s departure from the European Union grows closer.
Hermes continues push into Europe with Copenhagen and Frankfurt expansion
Asset manager established Irish-based management firm in January as part of Brexit contingency plans.
ETF growth surges on the back of European volatility, social conscience
Research from Greenwich associates finds ETF allocations grew by 50% in Europe last year, with further growth expected in 2019.
MarketAxess gains approval for Dutch operation
The AFM has granted approval for MarketAxess to establish an EU-base in Amsterdam to continue servicing clients post-Brexit.
UK and US sign post-Brexit derivatives trading and clearing agreement
Regulators have agreed on measures to provide a “bridge over Brexit” for derivatives trading and clearing in the UK and US.
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.