12.02.2022

ISDA Responds to FCA Consultation On Trading Venue Perimeter

12.02.2022
ISDA Responds to FCA Consultation On Trading Venue Perimeter

On November 25, 2022, ISDA and UK Finance responded jointly to a consultation on UK Financial Conduct Authority (FCA) guidance on the trading venue perimeter.

In the response, the associations highlight that the FCA guidance should only capture genuine multilateral systems and not capture technology innovations, which have digitalized bilateral trading interactions.

The UK regulatory framework should continue to support the development of technology solutions that encourage innovation, increase market efficiency and create more competition in the UK market.

Documents (1)for ISDA Response to FCA Consultation on Trading Venue Perimeter

Source: ISDA

Related articles

  1. The SEC would make it impossible to innovate by classifying non-financial platforms as financial applications.

  2. The Australian exchnage is seeking stakeholder feedback by 18 June 2024.

  3. The implementation of a T+1 settlement cycle in the U.S. is a little over one month away.

  4. There is increasing urgency to transform the EU’s capital markets.

  5. Prime of Prime FX Market Expands

    Zodia Markets has been successful in executing FX with crypto trades.