Key facts
- European Union lawmakers are considering a move towards single-sided trade reporting.
- Markus Ferber, a member of the European Parliament, supports the idea of single-sided reporting.
- The European Securities and Markets Authority (Esma) had previously dismissed this proposal.
European Union rulemakers may still grant market participants' request for single-sided reporting of trade details, despite a recent dismissal of the idea by regulators. Markus Ferber, a member of the European Parliament, stated his vision is to generally move towards single-sided reporting. This comes after the European Securities and Markets Authority (Esma) published a proposal in July that did not favor this approach.