Swiss trading equivalence

Jun 25, 2019 · CBOE Europe said: “In the event that Switzerland is not granted equivalence from the EU by Sunday 30th June 2019, Cboe Europe will not be permitted to admit to trading securities with a Swiss Commission proposes to extend equivalence for Swiss share ...

MiFID II: Commission adopts equivalence decision on Swiss ... Dec 21, 2017 · Switzerland differs from other jurisdictions which have been recently been granted equivalence in several ways. The scope of the Swiss decision is much greater, as the trading of Swiss shares in the EU – and vice versa – is more widespread than with the other jurisdictions – the US, Hong Kong and Australia – which were recently recognised. Indefinite recognition of stock market equivalence — Swiss ... The Swiss Bankers Association (SBA) advocates for open capital markets and calls on the EU to recognise stock market equivalence indefinitely. The SBA welcomes that the Federal Council continues to resolutely advocate for the recognition of stock market equivalence by the EU. We will analyse the contingency measure recommended by the Federal Council.

Sep 9, 2019 EU-Swiss trading dispute has Brexit implications, says Swiss stock exchange Post-Brexit, the U.K. will have to pursue a similar "equivalence" 

Nov 16, 2017 · In a letter to EU states, the commission said the equivalence decisions on the U.S. and Swiss trading venues should be treated “as a matter of priority”. “This is … Raising the stakes - Swiss stocks are collateral damage in ... Raising the stakes Swiss stocks are collateral damage in a worsening trade row. Switzerland bans trading of its shares outside its borders in response to the EU’s strong-arm tactics Swiss row with Brussels escalates with share trading ban

Jul 10, 2019 · Switzerland looks likely to have outmaneuvered the European Union, after the latter ended its recognized stock exchange equivalence with the country. The EU allowed the equivalence…

The Future of the EU Equivalence Assessment for Swiss Trading Venues: an Update On 30 June 2019, the temporary recognition of the equivalence of the Swiss legal and supervi-sory framework applicable to SIX Swiss Exchange and BX Swiss for purposes of article 23 … Swiss Stocks Trade Smoothly on Day One Without EU ... Jul 01, 2019 · Under EU equivalence, about a third of trading in Swiss shares took place in the EU. While buying and selling most stocks probably won’t be an issue with equivalence lapsed and the Swiss EU-Swiss share trading equivalence: a no-deal Brexit test ...

Swiss Equivalence The Swiss Federal Department of Finance (FDF) published a notice on 24 June 2019 that in the event that the EU equivalence decision for Swiss trading venues is not extended beyond its current expiration date of 30 June 2019, it will remove the recognition that allows EU trading venues to offer trading in certain Swiss equity securities.

Jun 21, 2019 · Frustrated with Swiss foot-dragging, the European Commission will not propose extending the equivalence regime that lets EU investors trade on Swiss bourses, effectively ending it … Hostage situation - The EU tries to strong-arm Switzerland ...

Sep 24, 2019 The loss of regulatory “equivalence” for Swiss stocks reduced investment choices and introduced friction into the market, Virtu said in a paper 

How Swiss Spat With EU Spilled Into Stock Markets ... Jun 28, 2019 · emergency measures, and without EU equivalence, the Swiss stock exchange would suffer a 70% to 80% drop in trading volume. The Reference Shelf … Equivalence row Trading costs rise after Switzerland’s ... Sep 23, 2019 · “While the impact to end investors from ending equivalence of Swiss stocks is not fully understood yet, we do observe increases in trading costs . . . with small and mid-cap Swiss stocks The Future Of The EU Equivalence Assessment For Swiss ... If some European trading venues continue to trade Swiss securities, and some trading in Swiss shares persists, then EU investment firms will need to consider whether they are permitted to continue trading on Swiss stock exchanges under the exception provided by article 23(1)(a) MiFIR in respect of "non-systematic, ad-hoc, irregular and infrequent" trading.

Jul 02, 2019 · Investment firms in the EU are no longer allowed to trade on the Swiss stock exchange. The arrangement, known as "equivalence", which previously allowed them to … Swiss Reaction To Possible Expiry Of EU Equivalence ... The EU Commission's 2017 equivalence decision for Switzerland Shares of Swiss issuers listed on the SIX Swiss Exchange do not tend to be concurrently listed on regulated markets in the EU, but they are widely admitted to trading on multilateral trading facilities (MTFs) (such …