Notional outstanding in interest rate swaps grew 26%.
A briefing paper supports alignment of the clearing obligation under the EMIR and MiFID II.
UK divergences from EU in its wholesale market review.
AFME said MiFIR review should prioritise improvements in regulatory data definitions and collection.
Virtu’s portfolio transaction cost calculation capabilities have been added.
Concerns have been expressed around the value of these reports.
Some firms have used MiFID II and COVID-19’s structural shocks to gain market share.
In Europe brokers have shrunk their teams across all sectors between 2018 and 2020.
There are currently 499 liquid bonds subject to MiFID II transparency requirements.