Cboe Europe B.V.

Cboe Europe is an operator of pan European trading and listing venues, reporting services and, through its affilaited company Cboe Europe Indices B.V., benchmarks.

Lobbying Activity

Meeting with Tatyana Panova (Head of Unit Financial Stability, Financial Services and Capital Markets Union)

9 Dec 2025 · Discussion on tick sizes

Meeting with Tatyana Panova (Head of Unit Financial Stability, Financial Services and Capital Markets Union)

11 Jun 2025 · MiFIR – Market consolidation

Meeting with Tatyana Panova (Head of Unit Financial Stability, Financial Services and Capital Markets Union) and Euronext and

16 May 2025 · Exchange with trading venues on the integration of EU capital market

Meeting with Tatyana Panova (Head of Unit Financial Stability, Financial Services and Capital Markets Union)

30 Apr 2025 · SIU - Targeted Consultation on capital market integration

Meeting with Philippe Thill (Cabinet of Commissioner Maria Luís Albuquerque)

11 Mar 2025 · Online meeting with Cboe Europe B.V. on the SIU

Response to Savings and Investments Union

3 Mar 2025

Attached please find comments from Cboe Europe and Cboe Clear Europe.
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Response to Single Market Strategy 2025

31 Jan 2025

The Single Market Strategy is intended to address regulatory and administrative barriers impacting the overall functioning of the single market, the cross-border provision of services, and the cross-border trade in goods and investments. As one of the largest pan-European stock exchanges and the most connected pan-European CCP, Cboe Europe and Cboe Clear Europe welcome the opportunity to share our views on how financial markets policy can reduce barriers and improve the functioning of the single market. In short, we strongly believe that competition, innovation, and customer choice must be the tenets on which all future policy is built. Policies that support these principles will naturally drive more integration and a better functioning single market, as well as attract capital and investors. In our experience, investors are naturally drawn to markets that are efficient, accessible, driven to innovate, and incentivised to reduce suboptimal, high-cost outcomes. If we pursue an ecosystem that supports competition (beneficial fragmentation) through openness and interoperability rather than unproductive fragmentation or uncompetitive silos that are driven by rules, infrastructures and service providers that avoid pan-European solutions and sever Pan-European networks we can build a single market that embraces connections and reduces inefficiencies and improves outcomes for all. The attached paper identifies key priorities that will help drive a more integrated and competitive Europe. (also available at: https://cdn.cboe.com/resources/government_relations/Cboe-and-the-Next-CMU-September-2024-.pdf) Cboe embodies a pan-European approach rather than a country-by-country approach in the belief that it helps simplify access to European markets, reduces unproductive fragmentation, while improving capital efficiencies and reducing costs for investors, to the benefit of issuers in large and small markets. As new ideas are proposed, we encourage policymakers to consider a simple rubric; does the idea/provision/legislative text support competition and innovation? Does the proposal support the ability of investors to make informed decisions? Does the proposal reduce bureaucracy and encourage dynamism? Does the proposal improve retail investor access to transparent investment products? Will it make it easier for a company to raise initial or additional capital in public markets? If the answer to any of these questions is no we encourage policymakers to strongly consider whether the proposal is fit for purpose. We must not lose sight of the core tenets at the heart of these questions; competition, innovation, and customer choice. Markets that support these principles empower and attract investors. These are the tenets on which the future CMU and more integrated single market can be built.
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Meeting with Tatyana Panova (Head of Unit Financial Stability, Financial Services and Capital Markets Union) and FTI Consulting Belgium and

21 Jan 2025 · Benchmark Regulation

Meeting with Tatyana Panova (Head of Unit Financial Stability, Financial Services and Capital Markets Union)

13 Jan 2025 · SimpliCT announcement

Meeting with Florian Denis (Cabinet of Commissioner Mairead Mcguinness)

21 Feb 2024 · Capital Markets Union

Meeting with Florian Denis (Cabinet of Commissioner Mairead Mcguinness) and BlackRock and

20 Feb 2023 · Consolidated tape, MiFIR