Best Execution on LinkedIn: EU prop trading firms spend x3 time on regulation than US counterparts -… (2024)

The founder and CEO of BlackRock, Larry Fink, has called the US lack of retirement funding a “once in a decade problem”. In his iconic annual letter to investors, released today, he holds up US #secondarymarkets as an example (and an imperative) of how the world should be funding longer lives, financing larger infrastructure projects, and boosting private markets - and calls for stakeholders to work together to bring back economic hope for the next generation. #markets #assetmanagement #trading #outlook #millennials #GenZ #finkharder

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Dr. Apostolos Thomadakis, head of research at the European Capital Markets Institute, speaks exclusively to Lauren McAughtry on the tension between the EU and its member states when it comes to #derivatives clearing – why he does not believe the revised regulation will fulfil the regulator’s ambitions, and why a centralised #supervisory authority is urgently needed to reduce risk and encourage cross-border transactions.#markets #regulation #posttrade #trading #finreg CEPS (Centre for European Policy Studies)

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Borsa Italiana completes derivatives transition onto Optiq trading platformBorsa Italiana LIST #Trading #Derivatives #Optiq #BestExecutionhttps://hubs.li/Q02qHM1h0

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New on Best Execution: The long-awaited#consolidatedtape for Europe is finally on track—or so it seems. But with the latest iterationa far cry frominitialplans, just who is the tapeactually goingto help—and perhaps the biggest question of all, how will it make money?We talk to key players behind the bids to learn just how realistic a #CT really is, both logistically and financially.#markets #marketstructure #regulation #finreg #europe #MifidII EuroCTP Eglantine Desautel Adamantia Antoine Pertriaux FINBOURNE Technology Neil Ryan big xyt Mark Montgomery European Securities and Markets Authority (ESMA) Tilman Lueder EFAMA

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Germany must learn to love capital markets to finance future investment Europe’s largest economy is lagging behind other countries when it comes to capital markets financing, a reluctance which could put a dent in the future financing of initiatives such as pension schemes and industrial decarbonisation. #capitalmarkets #pensions #decarbonisation #Germany #BestExecution https://hubs.li/Q02qzFcG0

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Reduced tick size disadvantages buy side, finds new researchA mandated lower tick size provides lower trading costs at the touch, but disadvantages institutional investors with higher costs for larger orders, according to a recent paper by Giovanni Cespa, professor at Bayes Business School#TickSize #Trading #EquitiesLeadersSummit #BestExecution Acadian Asset Management Sean Paylorhttps://hubs.li/Q02qyDB40

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Broadridge expands international solutions suite with new investor analytics optionThrough Investor Insights, Broadridge stated that issuers will be able to understand ownership structure, investor behavior, preferences and voting patterns, based on current and historical data#Broadridge #InvestorInsights #Issuers #CorporateActions #BestExecutionhttps://hubs.li/Q02qxsBV0

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New on Best Execution: At Bloomberg HQ in London this week, industry experts gathered for a health check on market liquidity. Ben Smith, CFA, head of trading at Independent Franchise Partners, LLP, joined Cowen Inc.’s head of European market structure James Baugh and ’s deputy head of equities dealing Dermot Dunphy, to explore the current liquidity challenges in Europe.With thanks to Nicholas Phillips and Larry Tabb for organising such an insightful event. #markets #equities #trading #marketstructure #insights

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“Mixed results” as ESMA rejects T+0 in shortened settlement paperRespondents advocated for clear coordination between regulators and the industry, with “a clear signal from the regulatory front” as work begins to shorten the settlement cycle.#ESMA #T+1 #T+0 #Settlement #BestExecutionhttps://hubs.li/Q02qpWq10

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