A key concern regards the proposal for a US-style order protection rule as the European Commission seeks to improve the integration and efficiency of EU capital markets.
The past week saw appointments across trading, fixed income, equities, sales and capital markets.
Appointment has been promoted to the role, having spent 12 years at the association; previously held positions at Dresdner Klienwort and Panmure Gordon.
Distinguishing between investment grade (IG) and high-yield (HY) corporate bonds was labelled a key component to tap into greater transparency in more liquid bonds.
On-venue trading accounted for the majority of total addressable liquidity in the equity space for the first quarter of 2024, as indicated in AFME's latest ‘equity primary markets and trading’ report.
Report on shortening the settlement cycle in the UK was initially set to be delivered in this month, however discussions about alignment with Europe are proving to be a sticking point in moving forward, according to sources.
In a recent panel, market experts assessed proposals in both jurisdictions, the impact on businesses, and the need for uniformity to benefit the research industry at large.
Improving data quality and standards throughout the lifecycle are critical in establishing solutions to settlement inefficiencies in Europe, says new report from the Association for Financial Markets in Europe (AFME) and Deloitte.
With fail rates high due to market volatility and penalties pouring in through CSDR, experts are recommending Europe addresses current inefficiencies, or risk complicating matters though a rushed move to T+1.
European regulator launches a call for evidence to assess the impact of a shorter settlement cycle on the continent; final report scheduled for Q4 2024.