FIA European Principal Traders Association’s Post

Transparency is key to operating efficient capital markets in Europe. #transparency #equitytrading #CMU #EuropeanCapitalMarkets

Are European equity volumes really as low as they appear? We believe they're much better than they look. All that's needed are simple changes to the post-trade transparency rules to capture the full picture of European share trading activity. Read our full paper below for more. #liquidity #WeAreMarketMakers

European #equitymarkets are much more vibrant than people think! But unfortunately, a major chunk of #sharetrading activity is today completely invisible, causing European capital markets to seem more anemic than they actually are. FIA EPTA's latest research paper uncovers this unreported segment and offers a simple solution that will give an immediate boost to European capital markets. With just a bit more #transparency we can make European markets more attractive for #listing and #trading and move the #CMU forward! 🤩

Today we published a paper showing how a recent market anomaly illustrates the fundamental role of liquidity providers in European financial 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. These findings underscore the need for European policymakers to tailor the regulatory framework to ensure a broad mix of investors and investment firm types, including liquidity providers, are incentivised to participate in secondary markets. Read here: https://lnkd.in/ej5Ev_T3

The TRADE sits down with deputy global head of trading and securities financing at Candriam, Fabien Oreve, to explore the future European trading landscape including solutions for low volumes and increased fragmentation, the role of the central limit order book (CLOB) and the new generation of order and execution management systems (OEMS). #buyside #candriam #interview #europe #markets #trading #fragmentation #cvolumes #clob #oems #consolidatedtape

What happens when independent #marketmakers are not there to provide #liquidity to end-investors? 🤔 Today, we published an important new #study that answers that question: without liquidity providers, markets operate less well with definite higher costs for end-investors. A conclusion with clear policy implications: for an effective #CMU, we need a regulatory framework that enables market makers to play an even greater role in providing much needed liquidity in European markets. 👇

Exciting insights from Bloomberg and ICMA: a new survey reveals anticipated reforms in KTB markets to attract global investors and enhance trading efficiency. Check out the full details here #KTB #Trading #Bloomberg #ICMA

Market Structure is to Blame for Slow Growth of European ETDs Markets Lynn Strongin Dodds examines how fragmentation of the listed derivatives market in Europe is increasing complexity and costs that inhibit growth, as revealed in a recent report. #derivatives https://hubs.li/Q02rTLvt0

FIA has published a paper outlining its views on how to support the progress of the European Union’s Capital Markets Union. The paper – Capital Markets Union at a Critical Juncture – sets out the role that derivatives play in effective capital markets. Specifically, FIA believes that centrally cleared derivatives are a key ingredient to building a strong CMU.  “As the EU aims to increase investor interest in its markets, it has many options in designing a system that protects its citizens, ensures market liquidity and attracts investors. The ideas shared in this paper, on behalf of the cleared derivatives markets, will help lay the groundwork for fit-for-purpose regulation, open and resilient markets, fair competition and opportunities for innovation. These adjustments will make EU capital markets more attractive to domestic and international investors and help to boost growth,” said Walt Lukken, President and CEO of FIA.  Read the paper ➡️ https://lnkd.in/dcJ7wfk8

SEBI to Consult on Tighter Derivative Trading Rules Soon SEBI is expected to adopt a two-stage approach for imposing tighter restrictions on derivatives trading. https://lnkd.in/dXU3ktbh