FCA rules out wholesale market data action despite higher price drivers
The UK’s Financial Conduct Authority (FCA) has published the findings of its wholesale data market study – ruling out any “significant intervention” on the...
MiFIR and MiFID II: Council adopts rules to support market data transparency
The Council of the European Union has adopted changes to the EU’s trading rules concerning the Markets in Financial Instruments Regulation (MiFIR) and the Markets in Financial Instruments...
RTS 28 reports dropped as ESMA deprioritises enforcement
Investment firms in the European Union (EU) will no longer be obliged to publish some best execution reports following amendments to MiFID II, with...
Genesis launches web-based middle-office solution for fixed income trading
Genesis Global, a financial services software development company, has launched a web version of its multi-asset class middle-office solution, Trade Allocation Manager (TAM). Genesis...
The new normal: Top 2024 market structure trends
A new report from Coalition Greenwich outlines the trends set to define markets in 2024, with insights gleaned from clients and ongoing research.
Dan Connell,...
The big changes to watch in fixed income market structure through 2024
Next year will bring new developments in market structure, stemming both from regulatory and political change. The DESK asked Jennifer Keser, head of market...
FCA consulting on bond and derivative markets transparency reforms
The UK’s Financial Conduct Authority (FCA) is consulting on proposals to improve the transparency regime for bond and derivative markets.
The consultation, which is open...
UK proposes streamlined listing regime, confirms consolidated tape for bonds
UK market regulator, the Financial Conduct Authority (FCA), has set out proposals aimed at making the UK’s listing regime more “accessible, effective, and competitive.”
In...
Dual disclosure standards for non-equity securities prospectus removed in UK
The Investor Access to Regulated Bonds (IARB) Working Group has highlighted unanimous support of the removal of the dual disclosure standards in prospectuses for...
UK to allow shorting of government debt and sovereign CDS
The UK Government has said it will remove requirements currently placed on investors when taking out short positions in sovereign debt or sovereign credit...