Olivetree Securities Updates OTAS for UK-Based Best Ex

city of london
London

The London-based agency brokerage is now using its former spin-off OTAS Technologies' TradeShaper for trade management and market microstructure analysis, as well as best execution oversight capabilities.

The move comes as recent findings from the UK's Financial Conduct Authority (FCA) on the rules of best execution observed that many firms do not understand key elements of the rules. The regulator therefore expects all firms to review their best execution arrangements and take immediate action to comply with the rules.

“The FCA’s thematic review of best execution has highlighted the need for the industry to improve its practices. This improvement needs to be centred on monitoring and management of both explicit and non-explicit costs. By adopting OTAS TradeShaper for best execution monitoring, we are taking the important and necessary steps required by the FCA to ensure we have the best possible processes in place to protect our clients’ interests and fulfil our obligations,” says Mark Kelly, CEO at Olivetree Securities Europe.

  • LinkedIn  
  • Save this article
  • Print this page  

You must be signed in to use this feature.

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 indvidual account here: