Liquidnet projects closing auctions will reach 50% of European trading activity in eight years.
The nature of the research market is being reinvented in real time.
Already-done compliance work can be a foundation for new regulatory requirements, NeoXam says.
The coding marathon will focus on machine learning and artificial intelligence.
The International Securities Lending Association welcomed the announcement.
The regulation may have negative implications for European bond market efficiency, liquidity and stability.
A shorter day in Europe will improve liquidity as trades will be more evenly distributed.
Adoption has lagged for some important market segments, particularly large buy-side participants.
Operational resilience, ESG, data privacy and technology will be key themes for regulators in 2020.