Analysis by the AMF found just 22% of the amounts traded by SIs in the continuous trading phase are subject to pre-trade transparency.
Tag: MiFID II
The European Fund and Asset Management Association said a lack of enforcement on costs of market data has been detrimental to consolidated tape efforts.
Robert Barnes, CEO of LSEG’s Turquoise, tells The TRADE there has been an underlying change in how business is getting done.
Initial responses to the MiFID II review consultation reveal that asset managers are keen for a consolidated tape before any major changes to the rules are implemented.
A report from Liquidnet reveals that number of buy-side implementing unbundling policies globally is continuing to grow.
ESMA tells national authorities not to prioritise supervisory action for RTS 27 and RTS 28 reporting under MiFID II amid ongoing coronavirus pandemic.
As the AMF in France looks to revive the declining research market in Europe under unbundling, David Whitehouse finds that providers who can supply high-quality ESG research could be the winners of an upcoming review of MiFID II.
The tool aims to provide asset managers with more effective oversight of investment research processes.
ESMA is considering removing certain transparency waivers which would make the DVCs redundant, or lowering the threshold market-wide to further restrict dark trading in Europe.