Monthly Archives:
May 2013


UK authorises European derivatives market by Nasdaq

The UK Financial Conduct Authority has approved Nasdaq OMX Group’s European derivatives market, NLX. Trading is scheduled to begin Friday, featuring six products. LCH Clearnet Group will clear trades executed on NLX.

Blog, MiFID II

Is the MiFID II interoperability stalemate near compromise?

The Irish Presidency has put forward new compromises for MiFID II and its attendant regulation (MiFIR) by inserting text that requires the European Securities and Markets Authority (ESMA) to define ‘liquidity fragmentation’ in a regulatory technical standard that could be … More

AIFMD, Blog, Form PF, News

Will AIFMD and Form PF inject a culture of compliance in hedge funds?

Under AIFMD AIFs must supply the EU regulators with detailed reports not too dissimilar to Form PF in the US. However, with other areas of concern such as depositary liability and remuneration, for example, the AIFMD reporting requirements have not … More


MiFID II / EMIR – are we there yet?

It is becoming increasingly unlikely that the Markets in Financial Instruments Directive II and the European Market Infrastructure Regulation will be collated into a single piece of legislation. With technical standards in EMIR signed off in February and MiFID II’s progress slowed by the debate on … More


Will ICE have to sell assets to takeover NYSE Euronext?

By late June Antitrust regulators in Europe will decide whether to approve ICE’s takeover offer for NYSE Euronext. If approved, the deal will give ICE control of one of the biggest derivatives markets in Europe. It remains to be seen if ICE … More