Industry associations call on European exchanges to strengthen outage management protocols
A joint statement from AFME, EFAMA and FIA EPTA follows numerous disruptions since 2020, most recently the Nasdaq Nordic and Baltic outage in July 2025.
A joint statement from AFME, EFAMA and FIA EPTA follows numerous disruptions since 2020, most recently the Nasdaq Nordic and Baltic outage in July 2025.
As consolidated tapes in the UK and EU increasingly begin to move from dream to reality, albeit with some hurdles in the road, Natasha Cocksedge delves into what’s to come next and explores opinions on the endeavour from those in the fixed income world.
The exchange is set to launch a voluntary exchange offer, running until 17 November, with the proposal already receiving unanimous support from ATHEX’s board of directors.
Though European active ETF assets remain lower than its US counterparts, areas such as fixed income are seeing increased investor interest.
The offering will unify listing, trading, clearing and settlement and is set to address fragmentation and distribution issues across European ETF markets.
The swaps were cleared through HKEX’s OTC Clear service; the firm said the expansion bolsters its position in the post-trade optimisation sphere in Asia.
The contracts are scheduled to go live in Q1 2026 and follows strong adoption of FLEX options in the US since the products were launched in the region in 1993.
Bloomberg Intelligence’s recent report showed that activity across systematic internalisers (SI), off-book on-exchange and over-the-counter (OTC) trading is driving bilateral growth across European markets.
Trading of these contracts began on 10 September 2025 and follows a growing demand for futures products in the EU bond market in recent years.
Respondents to Bloomberg Intelligence's new report argued for increased retail to boost liquidity in the region but were opposed to the extension of trading hours.