Four of the market’s leading electronic trading platforms BrokerTec Europe Ltd, MarketAxess Europe Limited, MTS Group and Tradeweb Europe Limited, today announced the launch of the Electronic Debt Markets Association Europe (EDMA Europe). EDMA Europe was created to represent the interests of companies whose primary business is the operation of regulated electronic fixed income trading venues in Europe.
EDMA Europe will act as a source of consultation between its members in order to develop collective views on regulatory developments affecting electronic fixed income trading venues in Europe. The Association’s primary aim is to promote the collective views of its members and have these inputs recognised by the relevant authorities and other market participants whilst taking into account the following key principles:
- open access and fair, effective and appropriately transparent markets;
- diversity of electronic trading protocols for fixed income markets to suit the range of instruments and different needs of market participants; and
- equivalent regulatory treatment of all electronic trading platforms and a consistent European regulatory approach