EDMA: Mifid II Driving Fixed-Income Businesses Away

EDMA warns that inconsistencies in transaction reporting are already forcing fixed-income participants to move outside the EU.

imd-latency-report-march-2014
EDMA says reporting obligations should be amended

Just four months before the implementation of Mifid II, EDMA, established by electronic trading platforms MarketAxess, Nex, Tradeweb and MTS Markets, is making its final push to find a solution to what it believes will cause a massive exodus of market participants in the fixed-income space. 

EDMA claims that Mifid II’s RTS 22 and 24 on trade and transaction reporting creates a massive data conflict for participants who, under their regional laws, are not required to disclose transaction

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

FCA declines to directly regulate market data prices

A year-long investigation by the UK regulator to determine whether competition is hindered in the wholesale data markets has concluded with its decision not to directly regulate much-maligned data pricing and licensing structures.

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here