FCA serves first fine for breach of transaction reporting requirements under Mifir
Infinox Capital has been fined £99,000 by the watchdog for failing to submit 46,000 transaction reports between 1 October 2022 and 31 March 2023.
Infinox Capital has been fined £99,000 by the watchdog for failing to submit 46,000 transaction reports between 1 October 2022 and 31 March 2023.
Some of the groups which have already confirmed plans to bid for the bond consolidated tape are also considering participation in the derivatives tape tender, The TRADE understands.
The move is set to support the shift to T+1 through overseeing and managing the key elements of the transition, currently set for October 2027.
The initiative has been introduced by Mark Uyeda who was appointed acting SEC chair earlier this week by the new US administration.
Specifically, EURO STOXX 50 Index Dividend Options and EURO STOXX Banks Index Dividend Options can now be directly traded from the US.
Parties interested in becoming the bond CTP are invited to register and submit requests to participate by 7 February 2025.
Market commentators hailing from Cboe Global Markets, REGnosys, SteelEye, and Berenberg unpack the important roles watchdogs are set to have through 2025 and beyond, including increased remits, the importance of top-down direction, and key changes following recent elections.
Thought leaders from Instinet, Duco, Cboe Clear Europe, SteelEye, and Euronext unpack the plethora of market structure and regulatory changes expected in 2025 and beyond, touching on T+1, DORA, Emir 3.0 and more.
Wesley Bray explores the latest rule changes for fixed income clearing in the US, what institutions should be most conscious of, how to navigate these changes and what their impact will likely be on competition.
Current chair Gary Gensler is set to officially depart on 20 January 2025.