AFM seeks ‘level playing field’ for venues and aggregators

The Dutch Authority for Financial Markets is calling on the European Union to straighten out a perceived imbalance in its trading and transparency rules – a move that could lead to certain technology providers being regulated as trading venues.

Existing venues have complained that some liquidity aggregation services – many of them operating in foreign exchange markets – resemble regulated platforms and should be subject to the same rules.   

“This is one of the key priorities for the AFM – to