ICE Clear Europe, LCH and LME given three-year European equivalence extension post-Brexit
Regulators confirmed plans earlier this year to consult on the potential extension of a select few CCPs until the end of June 2025.
Tag: ESMA
Ediphy gearing up to become European non-equity consolidated tape provider
The company says it’s working with 10 institutions including Norges Bank Investment Management, Deutsche Bank, Citadel Securities and UBS to finalise its tape prototype.
ESMA chair warns of systemic risk, outlines plans for building resiliency
Verena Ross highlighted the importance of data quality and rigorous reporting in order to mitigate systemic financial risk across markets.
ESMA’s latest data on equities settlement fails paints a worrying picture with penalties now in play
Settlement failure rates in European equities have remained alarmingly high since March 2020 with market participants set to face a financial hit if the trend continues.
ESMA places securities and asset management markets on red alert for risk
In its latest report the securities regulator warns against high market and liquidity risks, including the “acute” possibility of significant market corrections and possible repricing in the equities space.
ESMA launches joint action on MiFID II costs and fees
The action will allow ESMA and national competent authorities to assess the application by firms of the MiFID II requirements on costs and charges.
European venues maintain grip on EEA stocks post-Brexit, report finds
Latest liquidity landscape report from Liquidnet found that 74% of volumes in STO stocks took place on EMEA-based venues in January.
ESMA raises concerns over liquidity for alternative investment funds
The regulator warns that there could be a potential mismatch between asset liquidity and redemption timeframe.
ESMA firms up multilateral system definition under MiFID II in bid to level playing field
Regulator to consult on technology provider, request-for-quote system and pre-arranged transaction system use cases that challenge the trading venue regulatory perimeter.
ESMA publishes appropriateness and execution-only MiFID II guidelines
The final guidelines follow a public consultation with participants and aim to enhance clarity and foster convergence in the industry’s approach to investor protection under MiFID II.