Dark trading limits to apply from March after reporting failures
*Update* The European Securities and Markets Authority (ESMA) will only apply the double volume cap (DVC) mechanism for trading European equities from March 2018,...
Reviews of MiFID II transparency raise concerns
The European Securities and Markets Authority (ESMA) launched consultations on 3 February 2020 for the regime for non-equity instrument systematic internalisers (SIs), venues that...
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...
McKinsey expects greatest FRTB impact on larger European banks
By Flora McFarlane.
The Fundamental Review of the Trading Book (FRTB) will have a greater impact on larger European banks according to a new report...
Chatham Asset Management fined for improper bond trading
The Securities and Exchange Commission (SEC) has charged New Jersey-based Chatham Asset Management and its founder, Anthony Melchiorre, in connection with improper trading of...
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...
Kempen chooses SimCorp Coric for legacy client reporting
By Flora McFarlane.
Dutch asset manager, Kempen, has selected SimCorp Coric for its reporting solutions, replacing its legacy reporting technology, in response to increasing regulation...
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...
Swinburne: Traders should beware of radical change in Europe
Brexit will mean that politics will take precedent over principal, when setting policy in Europe, warned Kay Swinburne MEP, speaking at the Fixed Income...
Five dealers select Droit for MiFID II Compliance
By Flora McFarlane.
BNP Paribas, Crédit Agricole CIB, Goldman Sachs, Lloyds and UBS are using Droit Financial Technologies for MiFID II trade compliance infrastructure.
Jo Hannaford,...
