Don’t give up on equivalence, the UK boss of electronic trading platform MarketAxess says, just days after the UK’s chancellor appeared to do just that. 

Christophe Roupie, who also runs the financial technology company’s Europe, the Middle East and Africa and Asia-Pacific businesses, told Financial News that time is running out for EU and UK policymakers to come to some agreement on equivalence — an EU regulatory regime which grants market access to non-EU firms deemed to be regulated in a sufficiently similar manner to their own.