Trading associations hit out at European Commission’s consolidated tape revenue scheme
Among the concerns raised are renumeration plans for compensating data contributors to a tape and the ongoing issue of market data costs.
Tag: EFAMA
Europe
Trade associations implore EU regulators to extend UK CCP equivalence as deadline looms
Lobbyists highlight concerns around the market impact of simultaneous close-out of positions at UK CCPs, market fragmentation and lack of liquidity at EU CCPs, and increased costs.
EFAMA appoints Candriam chief as president
APG Investment Management’s chief investment officer and Natixis Investment Managers chief operating officer have been appointed as vice presidents to Abou-Jaoudé.
Industry associations renew calls for EU tape after major study
EFAMA and EFSA have said a consolidated tape would not help with issues relating to market data costs as they back recent study from Market Structure Partners.
European asset managers pursue consolidated tape in MiFID II review
The European Fund and Asset Management Association said a lack of enforcement on costs of market data has been detrimental to consolidated tape efforts.
Industry continues push for standardised EMIR derivatives reporting
Reporting of derivatives transactions under EMIR has proved problematic for firms and regulators, as trade groups call for a standardised approach.