EU watchdogs launch new governance structure to support T+1 transition
The move is set to support the shift to T+1 through overseeing and managing the key elements of the transition, currently set for October 2027.
The move is set to support the shift to T+1 through overseeing and managing the key elements of the transition, currently set for October 2027.
The initiative has been introduced by Mark Uyeda who was appointed acting SEC chair earlier this week by the new US administration.
Specifically, EURO STOXX 50 Index Dividend Options and EURO STOXX Banks Index Dividend Options can now be directly traded from the US.
Parties interested in becoming the bond CTP are invited to register and submit requests to participate by 7 February 2025.
Market commentators hailing from Cboe Global Markets, REGnosys, SteelEye, and Berenberg unpack the important roles watchdogs are set to have through 2025 and beyond, including increased remits, the importance of top-down direction, and key changes following recent elections.
Thought leaders from Instinet, Duco, Cboe Clear Europe, SteelEye, and Euronext unpack the plethora of market structure and regulatory changes expected in 2025 and beyond, touching on T+1, DORA, Emir 3.0 and more.
Wesley Bray explores the latest rule changes for fixed income clearing in the US, what institutions should be most conscious of, how to navigate these changes and what their impact will likely be on competition.
Current chair Gary Gensler is set to officially depart on 20 January 2025.
24X has received approval – dependent on amendments – to operate as a 24-hour exchange for equities.
New proposed rules address the Commission’s new requirements for including margin in the broker-dealer reserve formulas, as well as highlighting the similarities between the Agent Clearing Service and other agent clearing models.