UK targets SIs, dark trading and consolidated tape in post-Brexit regulatory roadmap
Several documents published by the UK government outlined major plans, including details on the sweeping changes to MiFID II requirements.
Tag: Tick size regime
ESMA delays extension of tick size regime to SIs due to coronavirus
European regulators have been told not to prioritise supervision of the changes to systematic internalisers amid the coronavirus pandemic.
Buy-Side
BlackRock urges EU policymakers to protect midpoint trading
EU policymakers are looking to extend the tick size regime to SIs, periodic auctions and block trading venues, but the buy-side is concerned about the potential impact this could have on trading at the midpoint.
EC agrees to apply tick size regime to SIs, but with an amendment
European Commission agrees to extend the tick size regime to SIs, as long as it is limited to shares and depositary receipts only.
MiFID II tick size regime sees increase in certain transaction costs
The French financial regulator has found MiFID II’s tick size regime has widened the spread on certain transactions and impacted HFT market makers.