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ICMA has now published its response to the HM Treasury Wholesale Markets Review Consultation Paper.
The
ICMA MiFID II transparency taskforce member response is based on
consensus view from a varied group of buy- side and sell-side investment
firm bond trading participants, representing EU 27 countries, the UK
and the US. There is a unique value in conveying a broad view from
across buy-side and sell-side communities and we hope this response is
informative and useful. Taskforce members welcome the efforts of HMT to
seek out stakeholder views concerning a review of wholesale markets.
However, this response is related solely to cash bonds.