ESMA chair Steven Maijoor says watchdog is carrying out a ‘fact-finding’ exercise on periodic auctions and highlights competitive advantage for SIs.
Instinet’s European CEO, Richard Parsons, discusses the firm’s liquidity agreements with Virtu and Sun Trading, the debate around SIs and periodic auctions, and potential consolidation on the sell-side over the next few years.
Heads of trading at asset management firms expressed concerns around addressable liquidity on periodic auctions.
Only 26% of traders believe dark liquidity will shift towards lit venues under MiFID II regime in Europe.
Research from ITG shows equity trading volumes falling for dark MTFs as volume caps take hold.
Global head of systematic trading and market structure at US firm throws doubt on systematic internalisers and periodic auctions.
Systematic internalisers, periodic auctions, artificial intelligence, data and diversity were among the key talking points at this year's TradeTech conference.
Chairman of the Autorité des Marchés Financiers called out Cboe Europe’s periodic auction during a keynote address at TradeTech.
TradeTech keynote discussion panel finds that while large-in-scale trading and periodic auction activity is on the rise, so too is market complexity.
Industry leaders debated the rise of periodic auctions on a keynote discussion panel at TradeTech in Paris this week.