Joint Trade Associations Letter on the Equivalence of UK Trading Venues

On February 28, ISDA sent a letter to European Commission vice-president Dombrovskis, co-signed by FIA, the Association for Financial Markets in Europe, the Alternative Investment Management Association, the Association for Financial Market Intermediaries, the European Banking Federation, the European Federation of Energy Traders, the Investment Company Institute, the Investment Association and the asset management group of the Securities Industry and Financial Markets Association.

The letter requests urgent action by European Union authorities to adopt equivalence decisions regarding UK trading venues under the European Market Infrastructure Regulation and Markets in Financial Instruments Directive in the event of the UK leaving the EU without a deal, explaining the impact on EU 27 market participants and European derivatives markets of such a ‘no deal’ scenario.

Documents (1) for Joint Trade Associations Letter on the Equivalence of UK Trading Venues

Key IRD Trends from BIS 2025 Survey

This paper highlights changes in over-the-counter (OTC) interest rate derivatives (IRD) markets between April 2022 and April 2025, based on data from the Bank for International Settlements (BIS) Triennial Central Bank Survey. The survey provides a comprehensive view of global...

RMB IRD Growth in Mainland China & Hong Kong

This report analyzes interest rate derivatives (IRD) activity in mainland China and Hong Kong, with a particular focus on renminbi (RMB)-denominated IRD. It examines market growth, structure and integration across onshore and offshore centers, and places these developments within the...