Several documents published by the UK government outlined major plans, including details on the sweeping changes to MiFID II requirements.
Ahead of TradeTech, global head of trading at Schroders, Gregg Dalley, tells The TRADE about the impact of market structure changes on liquidity since Brexit, and provides his thoughts on other hot topics such as SPACs and the consolidated tape.
Services for some EU clients at TP ICAP have been disrupted following the loss of passporting rights post-Brexit and a delay to the launch of its Paris office.
Following the UK’s exit from the EU ESMA has retracted the registrations of six credit rating agencies and four trade repositories.
ESMA will uphold its approach to derivatives trading obligation requiring activity take place on venues within the EU once Brexit transition period ends.
The SIGMA X Europe MTF will go live prior to 4 January to service European clients Goldman Sachs has confirmed.
Various industry associations have welcomed the UK’s equivalence decisions in a move that aims to provide certainty to firms.
The FCA has outlined its approach to the share trading obligation and will maintain access to EU venues for UK market participants.
In an effort to lure more banks and investors from the UK, Eurex Clearing has extended its incentive program following the equivalence decision from the European Commission.