Regulation

Hahn vows to continue drive for EU bond sovereign status

Johannes Hahn, commissioner responsible for budget and administration at the European Commission (EC) has said the organisation intends to continue its push for bonds...

What is best execution and how can firms achieve it?

Gareth Coltman, Head of European Product Management, MarketAxess Europe offers his insights. There is no doubt that MiFID II will have a profound and lasting...

Asset managers ‘not investment firms’ under MiFID II?

By Flora McFarlane & Dan Barnes. Several European investment managers have reportedly claimed that they will not be classified as investment firms under the revised...

EC to review mandatory buy-in rules under CSDR

The European Commission has stated that it will review the mandatory buy-in rules under the Central Securities Depository Regime (CSDR). The comments were made...

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...

FCA proposes consolidated bond tape and tightens trading venue perimeter rules

A series of measures to help strengthen the UK’s leading position as a global and vibrant financial centre have been announced by The Financial...

Ancoa goes into adminstration

Cinnober Financial Technology has acquired the assets of Ancoa Software, the UK-based market surveillance specialist company, as a going concern. Terms of the deal have...

Federal Reserve group issues credit risk warning over US Treasuries trading

By Pia Hecher. The Federal Reserve’s Treasury Market Practices Group (TMPG), which discusses issues in the US government bond market, has said that firms are...

ESMA consults on MiFIR trading obligation for derivatives

By Sobia Hamid. The European Securities and Markets Authority (ESMA) has published today a consultation paper regarding its draft technical standards specifying the trading obligation for derivatives under...