Remove Capital Market Remove Consulting Remove Financial Market
article thumbnail

Bank of England and FCA to launch joint Digital Securities Sandbox

The TRADE

Examples of financial instruments which could be issued and traded in the DSS include equities, corporate and government bonds, and money market instruments. In order to meet the aims of the DSS, while giving fair consideration to the impact of their policy on key stakeholders, the BoE and the FCA have released a consultation paper.

article thumbnail

Fireside Friday with… Google’s Rohit Bhat

The TRADE

What is the future outlook for AI use across capital markets? This year the market will see more generative AI use-cases go from pilots to production. Throughout 2023, we saw generative AI experimentation across the capital markets ecosystem. How is the industry adjusting to the increasing prevalence of the cloud?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

EMSA to consider all possibilities for shortened settlement – including T0 – following industry feedback

The TRADE

Following feedback received from the consultation period, ESMA has confirmed that it will consider all possibilities for a shortened settlement cycle, which includes both T+1 and a potential T+0. Respondents were invited to elaborate on both outcomes, allowing ESMA to assess both situations.

Trading 117
article thumbnail

Securities industry rallies hard against ESMA’s progressive settlement penalties suggestion

The TRADE

The European Securities and Markets Authority (ESMA) published a consultation paper in December 2023 on the CSDR penalty regime seeking input on amendments which may include cash penalties that increase with the length of the settlement fail. On the latter, some associations felt the proposal would make Europe a less attractive market.

article thumbnail

As cloud adoption across the market continues to rise, is the shift of liquidity itself next to follow?

The TRADE

“It’s difficult to find a major exchange that hasn’t had a formal partnership or a significant investment from one of the major cloud service providers in the last couple of years,” says Matt Barrett founder and chief executive of Adaptive Financial Consulting. But we must ask ourselves – why?

article thumbnail

What is the Money Market? Here’s Everything You Need to Know

Peak Frameworks

Definition of the Money Market The money market is a subsection of the financial market where participants engage in the buying and selling of short-term debt securities. For instance, the short-term interest rates in the money market can influence the interest rates in the bond and foreign exchange markets.

Funds 52
article thumbnail

FCA’s consultation period for UK consolidated tape closes with market expressing key considerations ahead of its development

The TRADE

Earlier this year, the UK’s Financial Conduct Authority (FCA) announced a consultation period with market participants on reforms to improve markets and competitiveness, including the introduction of a UK consolidated tape (CT). A CT for bonds will be the initial focus, with an equities tape following at a later stage.