Almost half of EMEA FIX Trading conference attendees said that the impacts on price formation in public markets as a result of increasing bilateral trading is their greatest regulatory focus for 2025.
SEC rule delay aimed at maintaining status quo in the $28.5 trillion market until end of 2026.
Following the taskforce report published on 6 February, the FCA is calling on the industry to engage and start planning as soon as possible.
Move comes a year after the introduction of the policy which saw significant backlash from the industry upon unveiling.
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.
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.