On December 21, 2017, the European Commission (EC) adopted an Implementing Decision on the equivalence of the legal and supervisory framework applicable to Swiss stock exchanges in accordance with the revised Markets in Financial Instruments Directive (MiFID II). The Implementing Decision together with an Annex was then published in the Official Journal of the EU on December 23, 2017.
Continue Reading European Commission Adopts Implementing Decision on the Equivalence of Swiss Stock Exchanges Under MiFID II
CFTC Issues Order of Registration Permitting Eurex Zurich AG to Engage in Direct Access Trading From the United States
By Christian B. Hennion & Stanley V. Polit on
Posted in CFTC
On May 30, the Commodity Futures Trading Commission (CFTC) issued an Order of Registration (Order) permitting Eurex Zurich AG (Eurex Zurich), a foreign derivatives exchange authorized by and subject to regulation by Switzerland’s Financial Market Supervisory Authority (FINMA), to provide identified members and other US-based participants with direct access to its electronic order entry and …