15 Amendments of Sylvie GOULARD related to 2010/2075(INI)
Amendment 10 #
Motion for a resolution
Recital B
Recital B
B. whereas consumer protection and competition on a level playing field were the key objectives when MiFID came into force, and whereas, following but have not yet been achieved and must therefore remain a priority; the financial crisis showed that, limiting systemic risk must also be prioritised,
Amendment 24 #
Motion for a resolution
Recital C
Recital C
C. whereas market fragmentation has had an inevitable impact upon liquidity and market efficiency, and whereas the effect of an increased number of venues, both in the on- and off-exchange space, and increasingly technology- driven trading has significantly decreased average order execution size from EUR 22 ,266 in 2006 to EUR 9 ,923 in 2009,
Amendment 38 #
Motion for a resolution
Recital E
Recital E
E. whereas ban in-depth analysis is required to establish if Broker cCrossing nNetworks (BCNs) provide different services to rRegulated mMarkets (RMs) and mMultilateral tTrading fFacilities (MTFs), in so far as theyt is most likely that certain BCNs could alre closed systems and a technological extension of the traditional, discretionary broker-client relationshipady be classified as an MTF or SI today based on a deeper analysis of their business models by competent authorities,
Amendment 59 #
Motion for a resolution
Paragraph 1
Paragraph 1
1. Calls on the Commission to secure the necessary strengthening of market infrastructure across all trading venues and clearing systems, in particlaur OTC, to enable them to cope with future risk through enhanced transparency, improved resilience and regulatory oversight of all aggregated trades;
Amendment 64 #
Motion for a resolution
Paragraph 2
Paragraph 2
2. Suggests that, in the interests of equitable treatment, rules need to be introduced such that MTFs transacting either a similar volume of trade or having a similar market impact to an RM (subject to a threshold) are subject to the same level of supervision and therefore regulated in a comparable way;
Amendment 70 #
Motion for a resolution
Paragraph 3
Paragraph 3
3. Asks for an investigation into the functioning of the sSystematic iInternaliser (SI) regime and the bringing forward of improvements to the way in which this category is regulated to increase its use as a subset of OTCrelevance of maintaining this category ;
Amendment 85 #
Motion for a resolution
Paragraph 6 – introductory part
Paragraph 6 – introductory part
6. Calls for the introduction of new provisions in MIFID for BCNs including requirementrequiring BCNs to submit to the competent authorities:
Amendment 89 #
Motion for a resolution
Paragraph 7
Paragraph 7
Amendment 98 #
Motion for a resolution
Paragraph 8
Paragraph 8
Amendment 103 #
Motion for a resolution
Paragraph 9
Paragraph 9
Amendment 112 #
Motion for a resolution
Paragraph 10 – point a
Paragraph 10 – point a
Amendment 119 #
Motion for a resolution
Paragraph 10 – point c
Paragraph 10 – point c
Amendment 134 #
Motion for a resolution
Paragraph 13
Paragraph 13
13. Calls on the CESR to draw up and update as necessary common reporting standards and formats for the reporting of post-trade data to aid in data consolidation;
Amendment 156 #
Motion for a resolution
Paragraph 18 a (new)
Paragraph 18 a (new)
18a. Calls for an examination of HFT’s challenges in terms of market monitoring; recognises the need for regulators to have the appropriate means to detect and monitor potential abusive behaviours; in this perspective, calls for the reporting to the competent authorities of all orders received by regulated markets and MTFs, as well as of trades done on these platforms;
Amendment 188 #
Motion for a resolution
Paragraph 30
Paragraph 30
30. Supports the Commission's intention to include OTC derivative instruments within the scope of MiFID as the trading of such products transitions increasingly move to formalganised trading venues and are subject to increasing standardisation and central clearing requirements ;