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Rosenblatt's Market Structure News Digest - European Edition

Rosenblatt's Market Structure News Digest - European Edition
  • Nobody wants an order-protection rule in European equity markets. But the European Commission could still propose one by the end of the year.
  • The surge in off-book, on-exchange trading in recent years appears to be an illusion caused by misclassifying trades sent to clearinghouses.
  • Instinet renames BlockMatch RFQ as BlockMatch Select to position the venue as a way of aggregating quotes from market makers.
  • Euronext plans to offer market participants a single connection to all its ETP markets from next year, a move it could replicate in cash equities.
  • Shein. Wise. The London Stock Exchange cannot catch a break. Other European exchanges are also looking to protect themselves against fleeing listings.

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