European Commission consultation on post-trade in a Capital Market Union: dismantling barriers and strategy for the future

23 August 2017

The consultation discusses the main trends and challenges faced by post-trade services providers and their users, and seeks to determine the existence and scale of remaining or new barriers, the risks associated with such barriers and the best ways to address them.

As part of the Capital Markets Union Action Plan, the Commission is currently reviewing progress made in removing barriers to post-trade market infrastructure. This consultation seeks to gather views on a range of issues including the current state of post-trade markets, the main trends and challenges faced by post-trade services providers and users as well as the best ways to remove barriers, including through financial technology. On average, cross-border trades remain more expensive than domestic trades and a more efficient post-trading environment could reduce such costs.

Vice-President Valdis Dombrovskis, responsible for Financial Stability, Financial Services and Capital Markets Union, said: "Efficient and integrated post-trade markets are essential for EU financial markets and for a well-functioning Capital Markets Union. We need to find the best solutions to remove all barriers to efficient and resilient post-trade services". As part of its review, in February 2016 the Commission created a European Post-Trade Forum (EPTF) to assess the evolution of the EU post-trade landscape and progress in removing barriers.

The consultation runs until 15th November 2017.

Full consultation document

Report of the European Post Trade Forum

Related press releases: 

EBF: CMU/Post-trade: EC publishes EPTF report and consultation

AFME welcomes publication of EPTF report


© European Commission