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European companies to pay dear for OTC derivatives
September 11, 2009-European companies are certain to face higher costs for using over-the-counter derivatives as a result of proposed European Commission reforms for such markets in the wake of the crisis, a senior Brussels official said Friday.
The remarks, by Mario Nava, head of the Commission’s financial market infrastructure unit, will disappoint some of Europe’s biggest companies. They highlight the tensions emerging between regulators and policymakers on one hand and business and market participants on the other as it becomes clearer how far public authorities are likely to go in reforming financial markets to prevent a repeat of the financial crisis.
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Source: FT.com
Regulatory Compliance - MIFID-Thomson Reuters
September 10, 2009--From March 2009 the Monthly Equity Market Share reports are being sourced from our recently launched Equity Market Share Reporter. Both the Volume and Turnover data are now calculated based on each individual trade reported by all European Exchanges, MTFs, and OTC trade reporting venues rather than the accumulated volume figures for each stock as published by the Exchanges. Trades reported after trade-date are now reflected in these statistics. We are also able to separately identify the trading volumes of the Independent Dark Pools.
View the 2009 Market Share Report (Jan - August) XLS
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Source: Thompson Reuters