Videos
-
FIA submits response to FCA Consultation Paper on its approach to international firms (CP20-20)
On 27 November, FIA responded to the UK Financial Conduct Authority’s consultation on its approach to international firms.
CONTINUE READING -
FIA EPTA response to the FCA’s consultation paper on its approach to international firms
The FIA European Principal Traders Association (FIA EPTA) appreciates the opportunity to respond to the FCA’s consultation paper on its approach to international firms and the process for setting out the FCA’s expectations of such firms operating in the United Kingdom under its framework. FIA EPTA is supportive of the FCA’s proposed flexible approach to the regulation of international firms.
CONTINUE READING -
Response by the FIA EPTA to the ESMA consultation on MiFID II/ MiFIR review on the functioning of Organised Trading Facilities (OTF)
FIA EPTA supports transparent, robust, and safe markets with a level playing field and appropriate regulation for market participants. We consistently support the aim of the market structure reforms laid out in MiFID II/MiFIR and welcome the opportunity to respond to this consultation on MiFID II/ MiFIR review on the functioning of Organised Trading Facilities (OTF). Our members are aware of various systems and market practices which seem to conflict with MiFID II expectations for multilateral systems.
CONTINUE READING -
FIA supports ASX default management proposals
In recent comments to an ASX consultation on default management issues, FIA’s members are strongly in favour of consultations with a CCP’s wider membership on default management arrangements.
CONTINUE READING -
FIA joins industry letter requesting extension to BMR third country regime transitional period
FIA, working with 13 other trades associations representing all corners of financial markets, has published a paper expressing concern that the EU Benchmarks Regulation third country benchmarks regime transition period should be extended to end-2025. It is currently set to expire at the end of 2021.
CONTINUE READING -
Response by FIA EPTA to the ESMA consultation on MiFIR review report on the obligations to report transactions and reference data
FIA EPTA supports transparent, robust and safe markets with a level playing field and appropriate regulation for market participants. We consistently support the aim of the market structure reforms laid out in MiFID II/MiFIR and welcome the opportunity to respond to this consultation on the obligations to report transactions and reference data.
CONTINUE READING -
FIA and GFMA comment on China’s draft Personal Information Protection Law
FIA and GFMA wrote in support of a draft law in China to establish reasonable and proportionate mechanisms to safeguard personal information.
CONTINUE READING -
Market Surveillance Guidelines
In this webinar, speakers discussed the recently published FIA Market Surveillance Guidelines and addressed requirements expected by the UK’s Financial Conduct Authority relating to market abuse systems and controls that market participants are required to have pursuant to Article 16 MAR.
CONTINUE READING -
Higher cost, higher risk: The impact of the closed market structure on the European warrants market: price analysis and recommendations
In June 2020, FIA EPTA conducted research on the impact of the single liquidity provider structure on the European warrants market and compared it with the listed options market. We examined the pricing of comparable warrants and options products with matching risk/reward profiles and the impact of differing market conditions on investors’ ability to trade in both markets. The conclusions of this research are clear: investors trading on Europe’s warrants markets are losing millions of euros a year because of its ‘closedshop’ structure which inflates prices compared to comparable products on more open and competitive markets.
CONTINUE READING -
ETD Volume - October 2020
Worldwide volume of exchange-traded derivatives was 4.01 billion contracts in the month of October, down 5.4% from the previous month but up 34.7% from October 2019.
CONTINUE READING
