Brexit trading venue equivalence

Mar 07, 2019 · the benefit of equivalence arrangements agreed between the EU and the US regarding derivatives; and By contrast, the arrangements between the UK and EU regarding derivatives traded over exchanges and trading venues post-Brexit remain limited, and a reduction from the current cross-border rights UK and EU27 firms enjoy.

The long arm of MiFID II - Bloomberg Professional Services The Bottom Line: Under MIFID II, if the non-EU trading venue is not deemed equivalent, the only options available to the EU participant would either be to trade the dual-listed shares on an EU CFTC seeks trading venue equivalence in Asia - Risk.net Having taken steps to ensure trading venue equivalence with the UK as it hurtles toward Brexit, the United States has been trying to do the same, quietly, in Asia.. Amir Zaidi, who heads market oversight at the Commodity Futures Trading Commission, was discussing the agency’s efforts to achieve comparability with the UK, when he mentioned he was working on something similar in Asia. Hundreds of stocks at risk from Brexit and Mifid II ... Feb 14, 2019 · The rule requires EU firms to trade all equities on an EU-recognized trading venue. Under a no-deal Brexit, the EU is planning to treat UK venues as non-equivalent and, in fact, has also threatened Switzerland with removing its equivalence. ‘Switzerland attempts to neutralize the problem by banning EU27 venues from trading Swiss shares. IBA - Brexit: Swiss case shows UK-EU equivalence not ...

Brexit relief aids Singapore on EU swaps trading equivalence

5 Sep 2019 the EU or a third-country trading venue that is considered to be equivalent to a regulated market by the. European Commission. 1 Jul 2019 After Brexit, UK trading venue operators will lose their right to access UK seems willing to grant STO equivalence to EU 27 trading venues,  Joint Trade Associations Letter on the Equivalence of UK Trading Venues. Tags: Brexit, European Commission. March 1, 2019. On February 28, ISDA sent a  25 Sep 2019 This means EU investment firms can trade shares on Swiss trading venues only if the European Commission recognises the equivalence of the 

IBA - Brexit: Swiss case shows UK-EU equivalence not ...

FIA co-signs letter on equivalence of trading venues under EMIR and MiFIR. Icon Brexit - Joint associations letter on equivalence of trading venues under EMIR and MiFIR.pdf (387.31 KB) Events. Trends in market structure and industry concerns Insights from the Greenwich Associates FIA 2020 derivatives study. Brexit and Equivalence: Review of the Financial Services ... Brexit and Equivalence: Review of the Financial Services Framework Across All Sectors Since the UK voted to leave the EU on 23 June 2016, there has been much speculation about the form of the future access arrangements between the UK and the EU for financial institutions. In a scenario where no new deal is done, an equivalence framework would come Financial Regulatory Observer – June 2019: No-deal Brexit ... Jul 01, 2019 · This presents a particular challenge for trading venue participants trying to determine how—if at all—they may continue cross-border on-venue trading in the event of a no-deal Brexit. While a City of London’s Post-Brexit Outlook Dimmed by Barnier ... Feb 12, 2020 · Equivalence will replace the “passporting” rights that allow firms in London to operate freely across the 27 EU member states. In the aftermath of the 2016 Brexit referendum, supervisors

To ensure that the MiFID II equivalence regimes can continue to operate For example, EU trading venues in the TPR will not have the right to request access 

What does Brexit mean for the UK and the rest of Europe in the context of MiFID must trade shares on Regulated Markets (or equivalent third country venues),  25 Jun 2019 the EU will withdraw equivalence — in a dispute with stark relevance for Brexit. The trades take place on the LSE's XLOM trading venue. 7 Aug 2019 Consequently, EU investment firms may trade shares on Swiss trading venues only if the European Commission recognizes the equivalence of  23 Jul 2019 One only has to look at the way in which the EU has tied its equivalence decision regarding Swiss trading venues under MiFID II to a broader  30 Jun 2019 The equivalence permit lets Swiss and EU investors freely trade across each UK trading venues such as CBOE Europe, Turquoise and Aquis 

The page includes a list of all equivalence decisions adopted by the Commission in the area of financial regulation. by the European Commission and the US Commodity Futures Trading Commission on the mutual recognition of derivatives trading venues. Financial Stability, Financial Services and Capital Markets Union Brexit content

Jan 31, 2020 · Equivalence decision under Articles 23 and 28(4) of MiFIR - trading obligation for shares and derivatives Third-country trading venues may be considered as regulated markets for the purpose of the trading obligation for shares and derivatives under MiFIR (Article 23 and 28(4)), if the European Commission considers the third-country is equivalent.

City of London’s Post-Brexit Outlook Dimmed by Barnier ...