ESMA lacks data to test bond market concerns
By Pia Hecher.
Regulators have acknowledged that bond market data is so sparse, even post-MiFID II, that they are unable to test execution quality concerns....
Country focus: India’s bond markets in an election year
India has an upcoming election on 19 April, which the governing Bharatiya Janata Party (BJP), led by incumbent Prime Minister Narendra Modi, is widely...
TMPG: Better US Treasuries data needed for effective policy
The New York Federal Reserve’s Treasury Market Practices Group (TMPG) has published a white paper on ‘Data Availability and Transparency in the US Treasury...
People’s Bank of China sets out northbound rules for Swap Connect
The People's Bank of China has issued interim measures to standardise the interest rate swap market between the mainland and Hong Kong, protecting investor...
SEC requests comment on evolution of buy-side internal crossing rules
The US Securities and Exchange Commission’s Division of Investment Management Staff has published a statement to elicit feedback on ways to enhance its regulatory...
Traders note FCA ‘rebundling’ exposes misunderstanding of bond market
The UK market regulator, the Financial Conduct Authority (FCA) has released a consultation paper (CP) on existing MiFID II rules, which includes a proposed...
Repo markets are back in focus for the Fed’s Treasury Market Practice Group
The US Federal Reserve’s Treasury Market Practice Group (TMPG) has focused this month on discussing the status of repurchase agreement (repo) clearing and settlement...
Ferber says ESMA ‘too powerful’ in new EC consolidated tape plan
The European Commission has today adopted a package of measures designed to improve the ability of companies to raise capital across the European Union...
European Commission pushes consolidated tape for primary and secondary bond market
The European Commission (EC) has set out a wide ranging process to “stimulate the openness, strength and resilience of the EU's economic and financial...
Carney condemns fragmentation of CCPs
By Flora McFarlane.
In his annual Mansion House speech on 20 June, Mark Carney argued against breaking up trading infrastructure, after the recent European Commission’s...
