Stress simulation framework finds “pockets of vulnerabilities” in UCITS bond funds in pure redemption shock scenarios.
ESMA chair Steven Maijoor says it is time to decide if and how a consolidated tape should be produced in Europe.
ESMA’s final report on periodic auctions says venues are not used to evade MiFID II dark trading rules, as fears of outright ban are dampened.
European regulatory watchdog revises approach to STO for 14 UK stocks after FCA raises alarm over liquidity and market fragmentation under a no-deal scenario.
Systematic internaliser data due to be published on 30 April has been delayed by the European markets regulatory after a technical issue.
Analysis from big xyt shows that some stocks will be caught in the crossfire of a UK share trading obligation, as industry’s concern on EU no-deal Brexit share trading plans heightens.
Major UK stocks including Vodafone and Coca-Cola would have to be traded within the EU in ‘no-deal’ Brexit scenario under the share trading obligation.
DTCC gained approval back in 2013, along with counterparts Regis-TR, UnaVista, CME and ICE.
Steven Maijoor also talked down development of a bespoke regulatory regime for crypto-assets during keynote speech in Brussels.
ESMA has been making plans to prepare for a ‘no-deal’ scenario ahead of Brexit, with disruption to clearing being one of the biggest concerns.