Trax, a subsidiary of MarketAxess Holdings, London Stock Exchange (LSE) and Bloomberg have announced that they have received FCA approval to operate as ARMs. All three companies have also been authorized to act as an Approved Publication Arrangement (APA), which is an entity permitted to publish post-trade transparency reports on behalf of investment firms to help them meet their reporting obligations under Mifid II. The regulator released the approved list of APAs in August.
An FCA spokesman
Anthony and James spoke with some sources about the big acquisition of Charles River by State Street, and right now, there are more questions than answers.Subscribe to Weekly Wrap emails