New SEC administration withdraws dealer rule appeal
Move comes a year after the introduction of the policy which saw significant backlash from the industry upon unveiling.
Regulation
ESMA thwarts European trajectory crossing plans with last minute rule change
Changes will halt European plans by Cboe, Aquis and PureStream – powered by Nasdaq – to launch trajectory offerings on the continent which were scheduled for the coming months.
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.
European Commission sets date for derivatives consolidated tape tender
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.
EU watchdogs launch new governance structure to support T+1 transition
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.
SEC unveils new crypto task force
The initiative has been introduced by Mark Uyeda who was appointed acting SEC chair earlier this week by the new US administration.
CFTC approves Eurex dividend options for US trading
Specifically, EURO STOXX 50 Index Dividend Options and EURO STOXX Banks Index Dividend Options can now be directly traded from the US.
ESMA launches first stage of bond CTP selection process
Parties interested in becoming the bond CTP are invited to register and submit requests to participate by 7 February 2025.
The TRADE predictions series 2025: A regulatory outlook
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.
The TRADE predictions series 2025: The evolving regulatory landscape
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.