TITLE: European Securities and Markets Authority Publishes Stakeholder Advice on European Equity Market Structure
BODY:
The European Securities and Markets Authority (ESMA) published advice from the Securities and Markets Stakeholder Group (SMSG) on the market structure of European equity markets. The SMSG, which comprises representatives from market participants, investors, and other stakeholders, provided input on ESMA's Call for Evidence regarding the functioning and structure of European equity markets.
The advice addresses key considerations for the European equity market landscape, drawing on stakeholder perspectives across the securities industry. The SMSG's input contributes to ESMA's broader assessment of market structure issues, including trading practices, market microstructure, and regulatory frameworks affecting equity trading in the European Union. By incorporating stakeholder feedback, ESMA aims to identify potential areas for improvement or regulatory adjustment that could enhance market efficiency, transparency, and investor protection.
The publication of this advice reflects ESMA's commitment to consulting with market participants and other interested parties when evaluating significant policy matters. The SMSG advice serves as a formal input to ESMA's ongoing review of European equity market conditions and may inform future regulatory guidance, technical standards, or policy recommendations. Market participants, including investment firms, trading venues, and other financial institutions operating in European equity markets, should review the advice to understand ESMA's stakeholder-informed perspective on current market structure challenges and opportunities.
**Reference:**
ESMA24-229244789-5708