CBOE: BATS proposal would give traders a way to buy and sell shares of companies listed on ICE’s NYSE and NDAQ at the daily closing price without paying fees to NYSE or NDAQ. NYSE stated that Bats’ proposal would introduce undesirable market fragmentation and volatility and NDAQ sees the proposal harmful to investors. Reported by The WSJ.
The Chicago Mercantile Exchange (CME) set new open interest record of 129m contracts and new FX daily volume record of 2.5m contracts on 14-Jun.
Intercontinental Exchange (ICE) set a new Three Month Sterling daily volume record of 3.35m on 15-Jun.
Hong Kong Exchange (HKEx) launched a consultation to seek public feedback on a package of proposals to broaden capital markets access in Hong Kong and strengthen Hong Kong’s listing regime through two separate papers, the New Board Concept and the Consultation on the Review of the GEM.
ESMA published its 2016 Annual Report, which sets out ESMA’s objectives, activities and key achievements during the course of 2016.