July 19, 2023


The last three years have brought many old ghosts to Europe. The COVID-19 pandemic was the biggest health crisis since the Spanish flu, wars have erupted again on European soil after decades of peace, and inflation, a long-gone foe for the bureaucrats in the European Central Bank, has struck again.
January 31, 2023

Consolidated Tape: a Radical Change to European Stock Exchanges

European stock exchanges are keenly waiting on the details about the implementation of a consolidated ticker tape. A stock exchange’s ticker tape reports the most recent price of a stock based on its last trade along with the volume.
June 18, 2020

Inflation: the Next Threat?

The policy reaction to the Covid-19 pandemic will increase budget deficits massively in all the world’s leading countries. The deficits will to a significant extent be monetised, with heavy state borrowing from both national central banks and commercial banks.
May 28, 2019

Not Everyone’s Cup of Tea

MiFID II, together with MiFIR (Regulation (EU) No 600/2014), was intended to create a more transparent, competitive and integrated financial market in the EU by reducing trading outside regulated markets, increasing protection for investors and consumers, and improving financial stability.