UK grants EU equivalence as Brexit transition period nears end
Various industry associations have welcomed the UK’s equivalence decisions in a move that aims to provide certainty to firms.
Europe
ESMA prepares for no-deal Brexit with plans to delay MiFID II calculations
The period of suspension will include essential MiFID II calculations including DVCs, SI regime, and bond liquidity determination.
Industry associations renew calls for EU tape after major study
EFAMA and EFSA have said a consolidated tape would not help with issues relating to market data costs as they back recent study from Market Structure Partners.
Citadel and Citadel Securities open Paris office in European expansion
With the office in Paris, Citadel and Citadel Securities will have 18 offices across North America, Europe, and Asia-Pacific.
UK allows firms to trade on EU venues in ‘simple’ approach to share trading obligation
The FCA has outlined its approach to the share trading obligation and will maintain access to EU venues for UK market participants.
Eurex extends clearing incentive scheme to lure banks and buy-side to EU
In an effort to lure more banks and investors from the UK, Eurex Clearing has extended its incentive program following the equivalence decision from the European Commission.
EU stocks traded on UK venue in GBP not subject to share trading rules in latest compromise
Europe’s share trading obligation has proved controversial as the UK Brexit transition period is due to end on 31 December.
What to look out for at this year’s TradeTech virtual event
Ahead of the virtual TradeTech event this week, The TRADE takes a look at some of the hottest panels and keynote speeches that you shouldn’t miss.
Euronext halts trading due to technical issue
Trading in Euronext’s cash equities markets has been halted until further notice due to a technical issue, the exchange has said.
LCH SA to support the clearing of €87.4 billion of EU emergency SURE bonds
The loans will be provided to 16 EU member states under the SURE programme to help finance increased national expenditure relating to work schemes and other short-term measures.