FIA EPTA agrees with ESMA’s assessment that user data fees are high and have increased over the past years. We also agree that new fees have been added and that market data policies and agreements are increasingly complex.
CONTINUE READINGFIA EPTA welcomes the opportunity to respond to the consultation by the German Ministry of Finance on the implementation experiences of MiFID II in its first year of its application.
CONTINUE READINGPiebe Teeboom, Secretary-General of FIA EPTA, the association representing the leading principal trading firms in Europe, welcomed yesterday’s political agreement between the European Parliament and the Council on the Investment Firm Review (IFR/IFD) -- but stressed the importance of implementing the new regime in a proportionate way for Europe’s capital markets to be able to further develop and grow.
CONTINUE READINGFIA EPTA is agnostic about the advent of periodic auction systems as such, and we welcome any form of meaningful market model innovation that is able to compete on its own merits with other market models.
CONTINUE READINGFIA EPTA agrees with ESMA’s suggestion to recalibrate the tick-size regime for instruments where the main pool of liquidity is located outside the EU (third country instruments).
CONTINUE READINGThe election was prompted by the decision of current chairman Remco Lenterman to step down from office. Mr Lenterman was instrumental in establishing FIA EPTA in 2011 and was chairman from 2011-2015 and 2016-2018.
CONTINUE READINGOn 4 September 2017 FIA EPTA responded to the ESMA consultation on the evaluation for the Short-selling Regulation, in particular focusing on market making activities (MMA exemption).
CONTINUE READINGIn November 2016 FIA EPTA submitted its comments to the European Securities and Markets Authority (ESMA) regarding its Authority’s Discussion Paper on the trading obligations for derivatives under MiFIR.
CONTINUE READINGThis Seminar focused primarily on the organisational requirements of investment firms engaged in algo trading, providing DEA and acting as GCMs (RTS 6) and also touched on key requirements from the organisational requirements for trading venues (RTS 7), market making agreements/schemes (RTS 8) and business clock synchronisation (RTS 25).
CONTINUE READINGQuick Byte: Supplemental Leverage Ratio is having an impact on liquidity
CONTINUE READING