The EU financial regulator has published responses to its call for evidence, revealing that the industry is firmly behind the use of periodic auctions.
Platforms trading crypto-assets that qualify as financial instruments should be subject to the rules, but ESMA has advised a bespoke regime be implemented for firms trading crypto-assets outside of the MiFID scope.
Senior reporter Hayley McDowell examines ESMA’s investigations into periodic auctions and asks what it could mean for the future of trading post-MiFID II.
ESMA has submitted a final amendment to the tick size regime as concerns EU trading venues will be at a disadvantage post-Brexit linger.
The European Commission has said it will adopt temporary equivalence to ensure no disruption to central clearing in the case of no-deal Brexit.
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.