MiFID II/MiFIR text approval likely to take “several weeks”
A source close to the trilogue discussions around the Markets in Financial Instruments Directive and Regulation (MiFID II / MiFIR) has said that talks...
AFME welcomes political agreement over CSDR mandatory buy-in
The Association for Financial Markets in Europe (AFME) has welcomed political agreement regarding the European Union's refit of the Central Securities Depositories Regulation (CSDR)....
Research shows increasing demand for voice and e-trading data integration across TCA and surveillance
Demand for integrated trade and communications surveillance among financial institutions has surged by 100% this year following heightened regulatory scrutiny across the financial markets,...
Europe’s pension fund managers face rising margin costs as EU clearing exemption deadline looms
European pension fund managers are facing rising margin costs thanks to the increased cost of financing additional collateral payments just as the EU’s clearing...
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...
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...
Mystery surrounds APA failure in European bond markets
European bond market participants are keen to know which post-trade data reporter, known as an approved publication arrangement (APA), has ‘data quality issues’ resulting...
Will the EC ban electronic bilateral bond trading?
The broadening definition of ‘multilateral’ is at risk of capturing all trading if traders do not speak out.
The European Securities and Markets Authority (ESMA)...
FILS 2021: Buy-side needs to make more noise for the right data
Data providers and regulators concur that the buy-side needs to communicate more clearly with politicians and suppliers if they are to get baseline bond...
Bond-trading broker-dealer charged for allegedly bankrupting firm
The Securities and Exchange Commission (SEC) has charged Keith Wakefield, a former managing director and head of fixed income trading at IFS Securities, an...
