Market Structure

  • Market data users have identified important gaps in plans for EU consolidated tape

    EPTA has joined with EFAMA and Adamantia in authoring a set of recommendations on what is needed to ensure a successful consolidated tape for equities and exchange-traded funds. A well-functioning tape will help investors make better-informed decisions, tying in with the goals of the Savings and Investment Union. CONTINUE READING
  • Exchange outages highlight need for stronger action on market outage protocols in Europe

    FIA EPTA has joined AFME and EFAMA in a call on stock exchanges to improve outage management. The associations set out four priorities to support more resilient markets. CONTINUE READING
  • EPTA responds to FCA on SI regime for bonds and derivatives plus equity markets

    EPTA has responded to the Financial Conduct Authority regarding its consultation paper on the SI regime for bonds and derivatives, including a discussion paper on equity markets (CP 25/20). CONTINUE READING
  • FIA EPTA responds to ESMA consultation on derivatives transparency

    FIA EPTA urges no step back in post-trade transparency in derivatives, in response to an ESMA consultation on revising RTS under the MiFIR review. CONTINUE READING
  • EU T+1 Industry Committee publishes road map for T+1 settlement transition

    The EU T+1 Industry Committee has published a high-level road map for the transition to a T+1 settlement cycle for securities on 11 October 2027. The road map contains a set of recommendations developed collaboratively by association representatives and workstream leads from various industry segments.  CONTINUE READING
  • FIA EPTA responds to ESMA consultation on amendments to settlement discipline in preparation for T+1

    FIA EPTA has submitted a response to the European Securities and Markets Authority’s Consultation Paper on proposed amendments to Regulatory Technical Standards on Settlement Discipline. ESMA has proposed the RTS, which come under the Central Securities Depositories Regulation (CSDR), as part of the Refit process to improve efficiency of regulation, as well as to prepare for a shorter settlement period of T+1. CONTINUE READING