EU regulator seeks further evidence on concerns auction systems evade MiFID II rules
Controversial auction systems face regulatory intervention in Europe if ESMA finds the mechanism does not operate in the spirit of MiFID II.
Tag: LSEG
Cboe and LSEG see record month for block trading activity
October was a strong month for block trading activity, with Cboe and LSEG reaching new records on their platforms.
Buy side
Buy-side throws doubt on RFQ for equities as “last chance saloon” for liquidity
Ahead of the anticipated launch of RFQ for equities from two major trading venues, Hayley McDowell speaks to senior buy-siders and finds out that most are very sceptical of the idea.
LSEG ups majority stake in LCH
Several shareholders will sell their entire stakes in LCH, including Deutsche Bank, Nasdaq and Nomura.
LSEG’s Turquoise cuts rebates as maker-taker debate in the US rages on
Turquoise will remove its negative fee structure as of 1 November, as LSEG says buy-side support of transaction fee pilot in the US influenced the move.
ED&F Man Capital Markets MENA joins CurveGlobal as member
ED&F Capital Man MENA is the first Middle-Eastern-based member to join CurveGlobal following the LSEG’s financial regulatory approval in Dubai.
LCH SA to clear Euronext stocks traded on Turquoise
LSEG announced plans to adds Euronext Growth stocks to its Turquoise MTF last month.
Former SEC head resigns from LSEG board to join Bloomberg
Mary Schapiro was chair of the SEC from 2009 to 2012 and joined LSEG as a non-executive director in 2015.
MTS adds auto-execution RFQ to BondVision
MTS has upgraded its BondVision bond trading platform to include automated execution for RFQs.
LSEG adds Euronext Growth stocks to Turquoise
Turquoise members can now access Euronext Growth securities for trading which will also be cleared by LCH SA.