Monthly Archives:
March 2013

Blog, HFT

BaFin to supervise high-frequency traders

With European Union-wide reform of high-frequency trading (HFT) not expected to come into force until at least 2015 and with high-frequency trading accounting for circa 40%  of the daily turnover of shares in Germany, a draft law that will make high-frequency traders subject to … More


ESMA Regulation (EU) No 648/2012

In the U.S. the Depository Trust and Clearing Corporation (DTCC), which operates a US swaps trade repository and the Commodity Futures Trading Commission  (CFTC) aren’t agreed that Over The Counter derivatives (OTCs) can be cleared and reported on by different entities. Earlier … More

Blog, MAD II

MAD II and Criminal Sanctions are to increase obligations on sell side brokerage firms across Europe

ESMA’s current review of MAD II and the likelihood of EU-wide mandatory criminal sanctions for market abuse will bring increased obligations on sell side brokerage firms across Europe. The High-Level Group on Financial Supervision, set up in the wake of the financial … More