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EU-US swaps trading equivalence tipped for November

But Hong Kong, Singapore unlikely to be deemed equivalent for the start of Mifid II

Deadline
Ready? Work on equivalence determinations for the US, Australia and Japan is “in an advanced stage”

The European Union is aiming to grant equivalence to trading venues in the US in November, according to a European Commission official, but Risk.net has learned it is unlikely Hong Kong or Singapore will receive equivalence determinations before next year.

On January 3, 2018, the second Markets in Financial Instruments Directive (Mifid II) and its accompanying regulation (Mifir) will apply to

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