Date: 5th October 2016
Author:
Type: In the news
On June 12, the Federation of European Securities Exchanges published a press release, calling for the deletion of Equity OTFs.
Neutral, efficient and competitive trading environment is best promoted by requiring BCNs to qualify as MTFs. FESE urges the Irish Presidency and Member States to follow the European Parliament’s approach to delete OTFs for equities. ‘The ability for retail investors to act as capital markets will once again be weakened if the current “OTF” proposal goes ahead’, says EuroFinUse Managing Director, Guillaume Prache.
Press Release here