Regulation
Goldman Leads $38 Million Funding Round for Visible Alpha
Fintech firm to complete integration of Alpha Exchange and expand into Europe and Asia, with eye on potential further acquisitions.
Mifid Data Runs Aground with Issues at European Regulators
Glitches and halts mark first few weeks of transparency requirements at systems operated by regulators.
So This Is Mifid (II), and What Have You Done?
John reflects on how Mifid II has dominated the news in recent months and asks if the industry is really ready for such a sea change at a time when new regulation is now just part of doing business.
Esma Warns Credit Rating Agencies Over Fees
Report says credit rating agencies are not providing enough clarity on the fees they charge.
UPDATE: Markets, Regulators Not Yet United on Mifid II
Just over a week into Europe’s new financial regulatory regime, Joanne Faulkner assess the key challenges that still lie ahead as market participants and regulators alike grapple with the data and reporting requirements of Mifid II.
Venues Deny Esma Accusations over Volume Cap Delay
Delays to a key aspect of Mifid II have triggered tensions between market participants and regulators.
AMF Platform Processed 3 Million Mifid II Reports in Five Days
The French regulator’s ICY platform debuted along with Mifid II on January 3, and by January 8, it had processed 3 million trade and transaction reports from over 50 firms in France.
Tradeweb APA Bug Mires Mifir Reporting
Reporting platform began rejecting trade reports due to mismatched identifiers, banks say.
Waters Wavelength Podcast Episode 103: Mifid II is Now Law; How to Apply for the Women in Data & Tech Awards
Anthony and James take a look back on the week that was in Mifid II and give insights on how best to apply for the Women in Data & Tech Awards.
As Mifid II Debuts, Full Compliance Remains Elusive
Market participants say much remains to be done as Europe debuts new rules.
What to Do About Mifid II
Europe’s regulatory big bang arrives today as an evolving set of rules rather than a finished product.
New Dawn in Europe as Mifid II Goes Live
Updated trading rules to have significant impact across all asset classes.
Markets Brace for Mifid II’s Start
Fraught times at the Christmas table as tech specialists rush to implement last-minute changes.
Law & Disorder: US Preps Defense Against Mifid II
As Mifid II's deadline approaches, US firms affected by the rules are still waiting for regulators to resolve crucial conflicts between European and American laws, and are likely to be making adjustments well after the deadline has passed, reports…
Citi Pays $11.5M in Finra Fines and Compensation for Ratings Failings
Finra says Citi's inaccurate ratings led to numerous porblems for portfolio manager clients and retail investors.
Way Fund Managers Taps OTCFin-Morningstar Combo for Priips Compliance
The UK-based fund manager selected the OTCFin-Morningstar joint service following a "rigorous" selection process and proof-of-concept, officials say.
Top Stories of 2017: Best of Sell-Side Technology
Regulation may have dominated the headlines this year but advances in machine learning and artificial intelligence were also high on the agenda.
December 2017: Mifid II: The Gift that Keeps on Giving
If you’ve left your Christmas shopping until the last minute, you’re not alone: Many financial market participants have also fallen behind with their plans for the holidays—and specifically for New Year, after which the second iteration of Europe’s…
2017: The Year Mifid II Grinds into Gear
WatersTechnology extensively covered all the key Mifid II developments over the past 12 months.
Swedish FSA Grants Nasdaq APA License
Nasdaq Nordic now holds APA and ARM licenses for reporting trades on behalf of European investment firms.
The KIDs Are Alright (But the Priips Still Have Issues)
Europe’s Packaged Retail and Insurance-based Investment Products becomes law on January 1, 2018. In-scope market participants racing to meet its significant data and reporting challenges all face the same hurdle: how to calculate implicit costs. Jamie…
API Tech Could Cure Systematic Internalizer Headaches
As the industry navigates new responsibilities surrounding systematic internalizer rules under Mifid II, QuantHouse argues that APIs hold the key to compliance with minimal maintenance. Jamie Hyman reports.
UPDATE: ESMA Grants Six-Month Grace Period for Mifid II LEI Compliance
Banks and trading venues will be given an extra six months to comply with LEI requirements
ESMA Preps for Machine-Readable Financial Reports for 2020
Officials say the new reporting standard will eliminate manual processing and re-keying of data from EU-based issuers' financial reports.