Tag: ESMA

Controversial auction systems face regulatory intervention in Europe if ESMA finds the mechanism does not operate in the spirit of MiFID II.

European regulator publishes report with technical standards with provisions for a no-deal Brexit.

Andrew Bailey states UK regulator is well-positioned to handle Brexit outcome, but cross-authority coordination is vital to minimise disruption to the industry.

Steven Maijoor says EMIR clearing obligation is working as data shows derivatives clearing rates are increasing significantly.

First data completeness indicators for double volume caps from ESMA reveal Goldman Sachs, Liquidnet and Bloomberg had highest amount of incomplete data submissions.  

ESMA will publish its findings on periodic auctions in the coming months and will make a decision on whether to recommend changes to how they operate.

ESMA will publish performance indicators on data submitted by trading venues for the double volume caps and bond liquidity assessments under MiFID II.

European Commission agrees to extend the tick size regime to SIs, as long as it is limited to shares and depositary receipts only.  

Third country instruments may have to comply with tick size regime as ESMA looks to protect venues inside the European Union.