Distinguishing between investment grade (IG) and high-yield (HY) corporate bonds was labelled a key component to tap into greater transparency in more liquid bonds.
On-venue trading accounted for the majority of total addressable liquidity in the equity space for the first quarter of 2024, as indicated in AFME's latest ‘equity primary markets and trading’ report.
Report on shortening the settlement cycle in the UK was initially set to be delivered in this month, however discussions about alignment with Europe are proving to be a sticking point in moving forward, according to sources.
In a recent panel, market experts assessed proposals in both jurisdictions, the impact on businesses, and the need for uniformity to benefit the research industry at large.
Improving data quality and standards throughout the lifecycle are critical in establishing solutions to settlement inefficiencies in Europe, says new report from the Association for Financial Markets in Europe (AFME) and Deloitte.
With fail rates high due to market volatility and penalties pouring in through CSDR, experts are recommending Europe addresses current inefficiencies, or risk complicating matters though a rushed move to T+1.
European regulator launches a call for evidence to assess the impact of a shorter settlement cycle on the continent; final report scheduled for Q4 2024.
AFME lists key considerations to take on board around the establishment of a UK consolidated tape as the FCA’s consultation period, set out in July, closes on Friday.
Europe and Asia Pacific firms are honing their focus in recent months amid mounting pressure surrounding the shift to T+1 in North America.
AFME chief says inclusion of sufficient pre-trade information has been lost in negotiations and could lead to suboptimal outcomes.