The companies, products and regulatory developments shaping the broker industry.
Europe’s market supervisor finalised technical standards for qualifying post-trade risk reduction exercises under EMIR 3, but the Commission must still endorse them.
Europe’s securities regulator has issued final draft technical standards on post-trade risk-reduction services, with European Commission endorsement still outstanding.
Draft technical standards specify how providers should demonstrate risk reduction, control algorithms and retain records. ESMA says it sent the draft to the Commission on 9 October; publication followed on 20 October.