Tag: European Securities and Markets Authority (ESMA)
AFME welcomes ESMA ‘call for evidence’ on shortening settlement cycles
In response to a ‘call for evidence’ on shortening settlement cycles in the European Union (EU), published by the European Securities and Markets Authority...
Is your EMS still an EMS according to ESMA?
A decision by the European Securities and Markets Authority (ESMA) on the ‘trading venue perimeter’ consultation which denotes when trading systems are regulated trading...
MiFIR: Controversy around consolidated tape proposal for revenue sharing with venues
The Czechia presidency of the Council of the European Union proposed amending the Markets in Financial Instrument Regulation (MiFIR) on 16 December 2022, with...
ICMA says execution and order management systems are not trading venues
The International Capital Markets Association (ICMA) has responded to the European Securities and Market Authority (ESMA) consultation into the ‘trading venue perimeter’ by arguing...
ESMA: APA problem is not a risk to investment firms
The European Securities and Markets Authority has said that a recent problem in reporting bond market data via an approved publication arrangement (APA) does...
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...
FILS 2022: Deferral times priority for consolidated tape plans – EC’s...
Plans for a consolidated tape for fixed income markets in Europe hinge on the “urgent priority” of harmonising post-trade publication windows – keeping them...
MiFID II Review: EC could allow payment for order flow in...
An ongoing review of the revised Markets in Financial Instruments Directive (MiFID II) and Markets in Financial Instruments Regulation (MiFIR) has seen debate on...
TransFICC launches fixed income consolidated tape pilot
TransFICC, the specialist provider of low-latency connectivity and workflow services for Fixed Income and Derivatives Markets, has launched a new initiative to develop a...
ESMA launches consultation to clarify boundaries of trading venues under MiFID...
The European and Securities Market Authority (ESMA) has launched a consultation on what constitutes a trading venue, and what can be considered a trading...
