The European Venues and Intermediaries Association promotes and enhances the value and competitiveness of Wholesale Market Venues, Platforms and Arranging Intermediaries by providing members with co-ordination and a common voice to foster and promote liquid, transparent and fair markets.
It has built a credible reputation over 50 years, by acting as a focal point for its members when communicating with central banks, governments, policy makers, and regulators.
WMBA Limited was incorporated in 2008 to to administer the data business of EVIA. It was one of the first FCA approved Benchmark Administrators under the EU Benchmarks Regulation ('BMR') for the administration of RONIA and EURONIA and was previously the owner and administrator of SONIA prior to the Bank of England reform.
WMBA Limited fully supports the objectives of the IOSCO Principles for Financial Benchmarks ('IOSCO Principles') and the BMR to create a common framework for the regulation of indices used as benchmarks in financial markets.
EVIA’s sister association, the London Energy Brokers’ Association also provides indices for UK & European Power, UK & European Gas, Emissions and Coal which are used as global pricing benchmarks for the market and for risk management and compliance purposes.