As the European equities landscape becomes increasingly bloody and the largest US banks continue to dominate, Annabel Smith explores why European banks struggle to profit on their own turf and, if the Bloc were to need a home-grown champion, who it could be.
Collaboration will allow Aquis to offer its members with third-party verification of passive liquidity’s availability on Aquis compared to other European exchanges.
Exchange services provider attributed a market share loss in H2 last year to market volatility, the shift to dark trading and a change in strategy of one designated liquidity provider.
The exchange operator confirmed earlier this week that it would be assuming responsibility for the business activities of UBS MTF for an undisclosed fee, subject to regulatory approval.
New council will give smaller and innovative companies direct access to change-makers including the government, regulators and MPs for the first time, said Haynes.
Pan-European cash equities trading MTF files applications with French regulators from new trading venue.
Both parties will bring best execution TCA and surveillance under one roof for users.
Once dismissed as being too small to matter, Aquis Exchange has staged a phenomenal fightback. Joe McGrath asks boss Alasdair Haynes if the sleepless nights have been worth it…
In the latest TradeCast we talk about redundancies at Goldman Sachs, best execution and order routing, and the landmark agreement on cross-border derivatives regulation.