EDMA: Mifid II Driving Fixed-Income Businesses Away
EDMA warns that inconsistencies in transaction reporting are already forcing fixed-income participants to move outside the EU.
EDMA says reporting obligations should be amended
Just four months before the implementation of Mifid II, EDMA, established by electronic trading platforms MarketAxess, Nex, Tradeweb and MTS Markets, is making its final push to find a solution to what it believes will cause a massive exodus of market participants in the fixed-income space.
EDMA claims that Mifid II’s RTS 22 and 24 on trade and transaction reporting creates a massive data conflict for participants who, under their regional laws, are not required to disclose transaction informa
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Episode 126: Brexit Fallout; the SGX-NSE Battle Continues; Cellphone Location Data
Anthony and James hit on a wide-range of topics, from Brexit in the UK, to the SGX-NSE fight in APAC, to the Supreme Court's decision on cellphone location data in the US.
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