Open access regime for exchange traded derivatives
Updated 5 May 2021
Open Access for Exchange Traded Derivatives
On 30 December 2020, HM Treasury announced that it would conduct a review of the open access regime for exchange traded derivatives (ETDs) to assess its suitability for UK markets after the end of the transition period.
Following this review, HM Treasury has concluded that the open access regime for ETDs, which was originally designed to improve cross-border capital markets in the EU, is not suitable in a UK-only context. The 바카라 사이트 therefore intends to permanently remove the open access regime for ETDs when parliamentary time allows.
This decision has no bearing on the UK바카라 사이트™s continued support for the open access regimes in equity and OTC derivatives markets, which will continue to operate as normal.
Alongside this decision the 바카라 사이트 is conducting a broader review of wholesale financial markets. This includes work to increase the openness, effectiveness and competitiveness of UK capital markets, and the response to the Lord Hill Listings Review. As announced by the Chancellor on 19 April, the 바카라 사이트 will consult on wider reforms to capital markets this summer.