Fixed Income
Tradeweb follows MarketAxess with new European Union base in Amsterdam.
Europe
Move could see hundreds of jobs leave London.
Regulation
Survey finds a quarter of compliance and IT managers believe Brexit will make their firm exempt from MiFID II.
Sell-Side
Nomura has applied for a license in Germany to operate a new entity following the UK’s departure from the EU.
Post-Trade
The Governor for the Bank of England warned of higher costs but welcomed the European Commission’s proposal on tighter CCP supervision across the EU.
Post-Trade
ESMA could gain authority to declare CCPs of major systemic importance be established in EU to provide services.
Europe
UK declares hung parliament as Labour surge prevents Conservative majority.
Post-Trade
Head of ICE Benchmark services believes US could examine its own clearing arrangements in wake of Brexit move.
TheTRADE Derivatives
The ICE chief said the UK government has taken its presence in London for granted.
Derivatives
Industry association says enhanced supervision option should be explored by Europe.