On April 29, 2022, ISDA responded to the European Securities and Markets Authority’s (ESMA) consultation on the trading venue perimeter, with the aim of clarifying the meaning of multilateral systems under the Markets in Financial Instruments Directive /Markets in Financial Instruments Regulation. In its response, ISDA highlights the need to differentiate between systems allowing for multiple bilateral interactions, such as communication platforms and multilateral systems that set the rules of trading and should be required to have trading venue authorization.
Documents (1) for ISDA Responds to ESMA’s Draft Opinion on the Trading Venue Perimeter
Latest
Response on Dividend Stripping
On October 14, ISDA, the Association for Financial Markets in Europe (AFME) and the International Securities Lending Association (ISLA) submitted a joint response to the Dutch Ministry of Finance on its proposed measures on dividend stripping. While supporting the policy...
ISDA Launches DRR Tracer Agent
ISDA has launched an artificial intelligence (AI) agent for its Digital Regulatory Reporting (DRR) solution that will bring greater transparency to users by tracing the rules and decisions that have guided the development of the DRR. The ISDA DRR Tracer...
US FX Derivatives Review
ISDA has expanded its SwapsInfo website to include data on US foreign exchange (FX) derivatives, extending the platform's coverage beyond interest rate and credit derivatives to a third over-the-counter derivatives asset class. The US FX Derivatives Review covers trading activity...
Response to FCA on Post-trade Transparency
On October 16, ISDA responded to the Financial Conduct Authority’s (FCA) consultation CP26/30. While the consultation is principally focused on cash equity market structure and transparency, ISDA responded to questions on the potential inclusion of equity swaps in the scope...