Regulation

The new Amsterdam based futures and options market at Cboe is expected to launch on 6 September.

Figures from ESMA show penalties issued in relation to breaches of MiFID II by regulators in Europe rose from €1.8 million in 2019 to €8.4 million in 2020. 

AFME, ISDA and ISLA among trade bodies to deliver the concise message of delay the settlement discipline regime.

The European Securities and Markets Authority fined DTCC for seven data infringements relating to European Market Infrastructure Regulation (EMIR).

The fully electronic institutional SOFR swap spread trade between JP Morgan and BlackRock took place on the Tradeweb swap execution facility.

A review of assessment of value reports flagged failures in meeting standards the FCA expects after a major market study in 2017 led to more stringent disclosures for funds.

Several documents published by the UK government outlined major plans, including details on the sweeping changes to MiFID II requirements.

With seven months to go until the go-live of SDR, participants have grown increasingly worried they will be unable to make changes to operations to meet the rules.

Neovest operated its OEMS as a broker-dealer despite withdrawing its registration after its acquisition by JP Morgan completed.

Registered swap dealers at Credit Suisse were found to have inaccurately reported swap transactions by the US derivatives regulator.