SI Rules Switch from Optional to Mandatory Sept. 1

Half of the systematic internalizer obligations will soon become compulsory.

trading-screen-data

Firms dealing above a threshold set by the European Securities and Markets Authority (Esma) are required to be an SI for those instruments. 

Peter Moss, Smartstream RDU

“Suddenly, the SI regime moves from a voluntary code to something that is mandated by the regulators,” says Peter Moss, CEO of Smartstream Reference Data Utility, which operates the SI Registry in collaboration with seven Approved Publication Arrangements (APAs). “I think there’s a general

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

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.

How GenAI could improve T+1 settlement

As well as reducing settlement failures, researchers believe generative AI can provide investment managers with improved research, prioritization, and allocation resources.

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here