European Commission opts for Markit’s data
European Commission chooses Markit for fixed income pricing data and liquidity metrics.
Regulation
Sec lending will be hit by CSDR – Deutsche Bank
CSDR set to hit securities finance according to Deutsche Bank.
FINRA appoints former SEC director as CEO
The former SEC director replaces Richard Ketchum.
Dutch regulators weigh in on HFT debate
The Netherlands Authority for Financial Markets becomes the latest regulator to explore HFTs and concludes they do not use liquidity detection as a strategy.
FIX develops protocol for submitting transaction reports
FIXProtocol developed by the trading community to standardise trade reporting requirements under MiFID II.
EU to push back swaps collateral rules
European adoption of the rules will begin in December instead of September.
EC-SEC equivalency delay gives OCC six month respite
The Options Clearing Corporation (OCC) was downgraded by ratings agency S&P last month.
ESMA lacks resources for MiFID II bond rules
ESMA lacks the ‘technological resources’ to deal with the influx of data following the implementation of MiFID II, as experts advise buy-side to “arm yourself with knowledge”.
China adds $38bn to foreign investor quota
Extension of RFQ scheme will further open up country to offshore investors.
MiFID II: An organisational checklist (Part 2)
In the second of our MiFID II checklists outlining requirements for firms resulting from the recent delegated acts, we cover custody and collateral, research, record keeping, product manufacturing and financial instruments.