AFME warns Mifir review could harm liquidity
Instead, the association has laid out its own recommendations which it predicts will protect the role of a market maker as a liquidity provider and banks as shock absorbers.
Tag: AFME
Europe sees DVC suspensions rise in first quarter as regulators clamp down on dark trading, finds report
AFME’s report noted 62 new suspensions in Europe for surpassing pre-determined thresholds in April alone.
AFME warns against ‘unclear’ measurement framework laid out in CSDR proposals
Association recommends that a better framework be laid out to measure settlement efficiency; warns against the impact of mandatory buy-ins on liquidity and competitiveness.
AFME warns ‘suboptimal’ MiFIR review undermines Europe’s competitiveness and favours certain venues
Industry association has hit out against proposed changes to the systematic internaliser regime in equities and transparency thresholds in fixed income.
European bonds market data costs double in five years, finds report
Fixed income data costs are increasing faster than equities, finds the AFME report, and regulatory intervention such as a consolidated tape will do little to solve the problem on its own.
Fixed income automation: gearing up for the primary markets
Competition in the new issuance technology space is increasing and the first steps to re-stitch the primary landscape will be to focus on automating a manual process and providing transparency, says Charlotte Decuyper.
Market makers association warns against loopholes in European ban on payment for order flow
The association said the European Commission’s definition of PFOF in its MiFID II amendments is vague and leaves potential loopholes for those trying to skirt the new rules.
Europe
Trade associations implore EU regulators to extend UK CCP equivalence as deadline looms
Lobbyists highlight concerns around the market impact of simultaneous close-out of positions at UK CCPs, market fragmentation and lack of liquidity at EU CCPs, and increased costs.
Trade associations demand SDR delay following recent EC communication
AFME, ISDA and ISLA among trade bodies to deliver the concise message of delay the settlement discipline regime.
AFME appoints Goldman Sachs sales head as first female chair
New chair takes over from Michael Cole-Fontayn who has been chair of trade group AFME for the last six years.