Trading in short-term interest-rate futures on Nasdaq OMX Group Inc.’s NLX European exchange is increasing, reflecting market share gains while IntercontinentalExchange Group Inc. moves Liffe onto its platform.
The U.K. and Ireland will reduce the time it takes to settle equity trades to two days from three from next October, three months before the European Union is expected to make the shorter period mandatory.
Deutsche Boerse AG has signed an agreement to help Bank of China Ltd. gain access to European markets as the operator of Eurex and the Frankfurt Stock Exchange seeks to combat declining trading volumes at home.
Andrea Enria, chairman of the European Banking Authority, Joachim Faber, chairman of the supervisory board at Deutsche Boerse AG, Steven Maijoor, chairman of the European Securities and Markets Authority, and Gabriel Bernardino, chairman of the European Insurance and Occupational Pensions Authority, speak at Euro Finance Week in Frankfurt about financial regulation and the outlook for the Single Supervisory Mechanism.
Britain will fight “monopolistic” exchanges in the European Union in a bid to boost competition in the market for clearing derivatives trades, according to U.K. Financial Secretary to the Treasury Sajid Javid.