TP Icap Picks Bloomberg Platform for MiFID II Compliance
Interdealer broker selects Entity Exchange to support execution services
According to TP Icap, Bloomberg’s platform is secure, web-based and will centralize the exchange of information required by the directive.
“MiFID II will impose significant requirements on firms to share and collect data from their clients. We want to help our clients to quickly understand what the new rules will mean to their trading relationships, especially around trade execution, reporting and transparency,” says Nicolas Breteau, TP Icap’s global broking chief, in a statement.
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