On-venue trading volumes constituted only 64% of European market liquidity in Q2 2025, finds report
In its quarterly report, AFME found that OTC trading made up the majority of off-venue volumes, constituting approximately 20%.
Tag: AFME
AFME calls out EU’s proposed capital markets integration plan citing equity market structure oversight
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.
People Moves Monday: SS&C Technologies GIDS, BNY, TD Securities and more…
The past week saw appointments across trading, fixed income, equities, sales and capital markets.
AFME appoints new head of 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.
Trade associations emphasise need for credit ratings to bolster EU corporate bond transparency regime
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.
Average daily equity trading on European main markets and MTFs up 14% from last quarter
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.
UK settlement taskforce to deliver T+1 report in January as timeline debate rumbles on
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.
EU and UK Investment Research Reviews: Convergence is paramount
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.
Addressing settlement inefficiencies can help ‘prepare the ground’ for potential shift to T+1 in other jurisdictions
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.
Tackling settlement inefficiency in Europe must take priority over shift to T+1, say experts
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.