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Rosenblatt's Market Structure News Digest - European Edition

Rosenblatt's Market Structure News Digest - European Edition
  • Banks and buysiders want an attributed consolidated tape, but no restrictions on alternative venues. Euronext wants the opposite. What will policymakers do?
  • The FCA agrees to make life easier for market makers on short-selling. It augurs well for the firms' campaign for less onerous capital requirements on their trades.
  • Euronext will make its Italian central securities depository "the designated place of settlement" for three of its eight exchanges in September. Firms have until June to choose somewhere else.
  • Auction Volume Discovery is coming to Deutsche Börse and the London Stock Exchange. How SIX Group must wish they had trademarked their invention.
  • Building-materials company CRH has pulled its listing from the LSE. The exchange needs a credible UK consolidated tape as quickly as possible.

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