In Episode 61, we finish the second of a two-part series on European Market Structure with our expert witnesses from the region, James Baugh, Head of European Market Structure for TD Cowen, and Dermot Dunphy, Head of Trading for M&G Investment Management. In part two, we drill down on the impact of RobinHood's arrival to the European trading landscape, the shift to the close of volumes, the renewed push for a shorter trading day and the timeline for T1 in Europe and the UK.  We finish up with an update on the high-profile and controversial topic of a Consolidated Tape in Europe and the potential for a single-securities regulator in Europe that could be a first step towards a centralized listings platform for the EU countries. This podcast was originally recorded on March 18, 2024 Chapter Headings: 0:55 - The Impact of RobinHood's Arrival on Retail Trading 8:33 - Shift to the Close – Are MOC flows Accessible? 11:25 - Renewed Push to Shorten European/UK Trading Day 23:28 - T + 1 Implications and Timeline for European/UK Move 27:25 - Consolidated Tape and Market Data Costs 32:02 - Case for a Single European Regulator and Potentially One European Listings Platform Guests: James Baugh, Managing Director, Head of European Market Structure, TD Cowen Dermot Dunphy, Deputy Head of Equities Dealing Desk, M&G Investments Disclaimer: This podcast should not be copied, distributed, published or reproduced, in whole or in part. The information contained in this recording was obtained from publicly available sources, has not been independently verified by TD Securities, may not be current, and TD Securities has no obligation to provide any updates or changes. All price references and market forecasts are as of the date of recording. The views and opinions expressed in this podcast are not necessarily those of TD Securities and may differ from the views and opinions of other departments or divisions of TD Securities and its affiliates. TD Securities is not providing any financial, economic, legal, accounting, or tax advice or recommendations in this podcast. The information contained in this podcast does not constitute investment advice or an offer to buy or sell securities or any other product and should not be relied upon to evaluate any potential transaction. Neither TD Securities nor any of its affiliates makes any representation or warranty, express or implied, as to the accuracy or completeness of the statements or any information contained in this podcast and any liability therefore (including in respect of direct, indirect or consequential loss or damage) is expressly disclaimed.