The European Capital Markets Institute (ECMI) is an independent think tank that undertakes and disseminates research on capital markets and contributes to ongoing policy debates in Europe. ECMI acts as a focal point for academics, market participants and policymakers to exchange ideas on the efficiency, stability, integrity and competitiveness of our capital markets. These exchanges are fuelled by the various outputs ECMI produces, such as regular commentary, policy briefs, research reports, statistics, seminars and conferences. ECMI website