Search

FIA European Principal Traders Association

FIA European Principal Traders Association (FIA EPTA) represents Europe’s leading Principal Trading Firms. Our 24 members are independent market makers and providers of liquidity and risk transfer for exchanges and end-investors across Europe. We work constructively with policymakers, regulators and other market stakeholders to ensure efficient, resilient, high-quality financial markets.

Learn more about FIA EPTA

Recent Updates

  • FIA EPTA response to FCA CP23/27 on reforming the commodity derivatives regulatory framework

    FIA EPTA’s members support the FCA’s objectives of promoting market integrity and resilience and preventing disorderly trading and settlement in the commodity markets and our members generally welcome the proposals included in the consultation. We restrict our comments, therefore, to a limited number of issues, as set out in our response.

    CONTINUE READING
  • New paper highlights the role of liquidity providers in efficient markets

    Analysis of market data from a day when a partial outage prevented liquidity providers from accessing a major pan-European exchange has revealed that their absence materially decreased volumes and increased the cost of trading.

    CONTINUE READING
  • FIA EPTA response to the FCA CP on D&I in the Financial Sector - Working Together to Drive Change

    FIA EPTA members support the FCA's aims to improve diversity and inclusion in the financial sector; as it is an important component of creating sustainable financial markets. In addition, FIA EPTA members believe that supporting healthy work cultures, unlocking talent and creating an inclusive atmosphere within firms can further support the international competitiveness of the UK’s financial services sector.

    CONTINUE READING
  • FIA EPTA response to the ESMA Call for Evidence on shortening the settlement cycle

    FIA EPTA supports the position set out by the European T+1 Industry Taskforce in their High-Level Remarks. As independent market makers, we highlight the fundamental impact any move to so-called “atomic settlement” would have on our members’ existing business models which involves continuous market making and liquidity provision.

    CONTINUE READING

Subscribe to the FIA ETPA
#WeAreMarketMakers Newsletter

 

Social Media

Follow us on

EPTA Blog

  • FIA EPTA response to FCA CP23/27 on reforming the commodity derivatives regulatory framework

    FIA EPTA’s members support the FCA’s objectives of promoting market integrity and resilience and preventing disorderly trading and settlement in the commodity markets and our members generally welcome the proposals included in the consultation. We restrict our comments, therefore, to a limited number of issues, as set out in our response.

    CONTINUE READING
  • New paper highlights the role of liquidity providers in efficient markets

    Analysis of market data from a day when a partial outage prevented liquidity providers from accessing a major pan-European exchange has revealed that their absence materially decreased volumes and increased the cost of trading.

    CONTINUE READING
  • FIA EPTA response to the FCA CP on D&I in the Financial Sector - Working Together to Drive Change

    FIA EPTA members support the FCA's aims to improve diversity and inclusion in the financial sector; as it is an important component of creating sustainable financial markets. In addition, FIA EPTA members believe that supporting healthy work cultures, unlocking talent and creating an inclusive atmosphere within firms can further support the international competitiveness of the UK’s financial services sector.

    CONTINUE READING
  • FIA EPTA response to the ESMA Call for Evidence on shortening the settlement cycle

    FIA EPTA supports the position set out by the European T+1 Industry Taskforce in their High-Level Remarks. As independent market makers, we highlight the fundamental impact any move to so-called “atomic settlement” would have on our members’ existing business models which involves continuous market making and liquidity provision.

    CONTINUE READING
  • FIA EPTA response to the European Commission CP on the implementation of SFDR

    FIA EPTA members believe the European Union has taken a leadership role in creating a global baseline for regulatory initiatives to support the transition. In particular, the EU has developed a regulatory framework to enhance transparency and harmonisation in sustainable investment based on an agreed green taxonomy. SFDR is an important part of the EU’s promise of promoting sustainable investing.

    CONTINUE READING
  • FIA EPTA response to the EBA Consultation Paper on Draft Guidelines on the application of the group capital test for investment firm groups (EBA/CP/202/16)

    FIA EPTA welcomes the objective of the EBA to ensure a harmonized interpretation and implementation of the Group Capital Test (“GCT”) by setting objective criteria to assess whether the structure of an investment firm group is: a) sufficiently simple, and b) poses significant risks to clients or to market. We agree that it is indeed important to ensure a level playing field in the application of the regime across the EU and important to provide guidelines to NCAs for them to supervise investments firms in an efficient manner.

    CONTINUE READING