ETP meaning

In this issue: Subsidies and countervailing measures Trade in services Trade in goods WTO Customs Daily and weekly news alerts New and updated content Subsidies and countervailing measures Revised Chinese EV proposal sets tighter price limits and volume caps; EU says it cannot be reviewed MLex reports that a new Chinese electric‑vehicle proposal—aimed at limiting the application of the planned EU countervailing duties—was submitted too late and, as a result, cannot be considered, the European Commission said on 17 September 2024. The paper seen by MLex set out minimum import prices across various EV models and stricter annual import caps for Chinese EV makers signing up to the arrangement. See News Analysis: New Chinese EV offer sets stricter price ceilings and volume caps, EU says it cannot be reviewed. Trade in services UK and Thailand sign exports‑boosting trade pact The UK and Thailand have signed an Enhanced Trade Partnership (ETP) intended to boost trade and...

In this issue: WTO Trade in goods Safeguards Free trade agreements Customs LexTalk®International Trade: a Lexis®Nexis community Daily and weekly news alerts New and updated content WTO Law360, London reports that the UK has now joined a World Trade Organization contingency arrangement intended to maintain a route for appeals in trade disputes while the WTO Appellate Body remains inactive. See: UK joins arbitration appeals alternative amid WTO paralysis. Trade in goods The Department for Business and Trade has released a new Trade Strategy setting out actions to unlock £5bn for UK companies and raise UK Export Finance’s capacity to £80bn. Announced on 25 June 2025, the plan targets improved market access, stronger trade defences and faster, more tailored agreements to drive growth and shield key industries. See: LNB News 26/06/2025 32. European Parliament calls for stronger controls on non-EU e-commerce goods The European Parliament’s Committee on Internal Market and Consumer Protection has...

What does this Practice Note cover? This Practice Note addresses how over-the-counter (OTC) derivatives are traded on electronic trading platforms (ETPs) and sets out: the methods by which OTC derivatives can be executed the drivers behind the growth of OTC trading on ETPs the categories of OTC derivatives capable of being traded on ETPs, and the documentation needed to trade OTC derivatives on ETPs What are the different methods of trading OTC derivatives? OTC derivatives can be transacted through several channels, including: voice execution electronic trading platforms (ETPs) hybrid systems Voice execution An OTC derivative is a bilateral agreement. Historically, such contracts were discussed and concluded either directly between the two parties or via a broker, using voice execution—that is, by telephone or internet messaging. By comparison, exchange traded derivatives (ETDs) have been, and remain, dealt exclusively on organised, regulated trading venues. These venues are known as futures exchanges....

This Practice Note outlines the EU framework governing exchange traded funds (ETFs). These are, in broad terms, open-ended investment vehicles that follow, for instance, an index, asset class or strategy and are dealt on an exchange or another trading venue. What is an ETF? In the EU, an ETF is a fund with at least one unit or share class traded throughout the day on at least one trading venue, and supported by at least one market maker that acts to keep the trading price of its units or shares close to its net asset value (NAV) and, where relevant, its indicative NAV. This meaning of ‘ETF’ appears in Article 4(1)(46) of the recast Markets in Financial Instruments Directive (2014/65/EU) (MiFID II). ETFs are the most widely used exchange traded products (ETPs) in the EU. Other ETP types include exchange traded notes and exchange traded commodities, which are regulated differently from ETFs. Key difference between ETFs and other forms of investment funds An ETF is an...

This Practice Note outlines the UK framework governing exchange traded funds (ETFs), broadly open-ended investment funds that mirror, for example, an index, asset class or strategy and are dealt on an exchange or other trading venue. It also highlights market developments and financial stability considerations in the ETF sector. What is an ETF? An ETF is defined as a fund in which at least one unit or share class is traded throughout the day on at least one trading venue, and where at least one market maker acts to keep the trading price of its units or shares from diverging materially from its net asset value and, where relevant, its indicative net asset value. This definition appears in the Financial Conduct Authority (FCA) Handbook Glossary and is derived from Article 4(1)(46) of Directive 2014/65/EU (MiFID II). ETFs are the most prevalent type of exchange traded product (ETP) in the UK; other ETPs include exchange traded commodities (ETCs) and exchange traded notes (ETNs). Key difference between ETFs...