The TRADE

DECEMBER 15, 2023

If a decision to move to T+1 is made, it will be necessary to define an appropriate timetable that generates industry momentum and provides clarity to market participants.” ESMA stated that will publish and submit to the European Commission (EC) a feedback report with its main findings in the course of 2024.

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The TRADE

MAY 29, 2024

Why are these cloud providers – hugely profitable in their own right – injecting money into exchanges and seemingly competing for market share across the capital markets landscape in order to assist the trading ecosystem with their shift? But we must ask ourselves – why? Subsequently, liquidity follows.

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The TRADE

MARCH 4, 2024

Among those to have responded have been the International Capital Market Association (ICMA), International Securities Lending Association (ISLA) and the Association of Global Custodians (AGC). In addition, the move was put into the context of a possible shift to T+1 in Europe, along with the Capital Markets Union.

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The TRADE

JANUARY 4, 2024

The firm’s most recent report refers to previous research in its ‘data automation: the workflow efficiency game-changer’ studywhich found that less than one third of those surveyed believed that capital markets professionals are prepared for the T+1 go-live date. asset-backed securities)”. asset-backed securities)”.

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The TRADE

APRIL 30, 2024

Over the past two decades, several critical financial market regulations have been implemented globally, particularly in response to the 2008 Global Financial Crisis (GFC). The years following 2008’s GFC experienced continued financial regulatory reform.

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The TRADE

JULY 6, 2023

The buy-side are “aware and worried” as the US shift to T+1 looms closer and the testing phase begins globally, a panel held by the Association for Financial Markets in Europe (AFME) has said. Panellists raised concerns over FX, settlement fails, and potential regulatory hurdles during the webinar held by AFME on 27 June.

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The TRADE

JANUARY 16, 2024

Adam Farkas, chief executive of AFME made clear that today’s vote by the European Parliament, though welcome, lacks ambition, asserting: “As the 2019-2024 EU legislative cycle concludes, new and pressing challenges have emerged including strained public finances, demographic shifts and an estimated annual transition investment of EUR 700 billion.

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The TRADE

NOVEMBER 30, 2023

Anthony Attia The move is the next step in the business’ “Growth for Impact 2024” strategy and follows the expansion of its clearing activities to Euronext Brussels earlier this month. The move is paving the way for the continued expansion of Euronext Clearing with financial and commodity derivatives confirmed for Q3 2024.

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The TRADE

OCTOBER 16, 2023

Following  the US Securities and Exchange Commission (SEC) vote to shorten the settlement cycle to one business day  from 28 May next year, European regulators launched a call for evidence on 5 October to assess the impact of a shorter settlement cycle on the continent; final report scheduled for Q4 2024.

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The TRADE

JULY 4, 2023

Coinciding with the Edinburgh reform, the FCA will work closely with the government with the aim to have a regulatory framework in place by 2024. We recognise that even an appropriately constructed consolidated tape will not fully address the current unacceptably high cost of market data,” he said. “We

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