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Rosenblatt's Market Structure News Digest - European Edition

Rosenblatt's Market Structure News Digest - European Edition
  • A joint venture between every EU exchange operator will build the bloc's consolidated tape for equities, but will smaller exchanges opt in to contribute their data?
  • The FCA invites market makers to design models for the capital they need to hold. The UK could soon get a system that is at least as competitive as that in the US.
  • The EU announces measures to encourage retail investors. Switching from unfunded to funded pension arrangements is not on the list.
  • Cboe, Deutsche Börse, Euronext and SIX want fewer rule differences between EU states, but only two of them want clearinghouses to be interoperable.

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