Gissing Offers Compliance Testing Service

BROMLEY, UK - Gissing Software, a UK provider of systems supporting market and reference data, plans on providing its clients with a mock testing service for its pre- and post-trade output handlers for MiFID compliance.

Mike Hill, marketing director at Gissing Software, says, "One of the big issues with MiFID is that nobody knows who the aggregators will be and where this data will be published and to whom." He goes on to say that if the market moves towards the expected MiFID deadline of

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FCA declines to directly regulate market data prices

A year-long investigation by the UK regulator to determine whether competition is hindered in the wholesale data markets has concluded with its decision not to directly regulate much-maligned data pricing and licensing structures.

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