Mifid II
EU Gets Tough on ‘Research’ Unbundling
Mifid II will force sell-side firms to unbundle research fees from dealing commissions they charge to buy-side clients. The banks claim their front-office notes meet the criteria of being a minor non-monetary benefit, but EU watchdogs aren’t convinced,…
Systematic Internalizer Ranks Swell Ahead of Mifid II
While buy- and sell-side firms grapple with the reporting obligations imposed on so-called systematic internalizers under Mifid II, the number of registered SIs continues to grow. Jamie Hyman investigates why more firms are opting in to the designation…
ANNA DSB Urges Firms to Begin OTC ISIN Onboarding ASAP
ANNA’s DSB went into production on October 2. But it may be a race against time to onboard those users who require real-time API connectivity in time for Mifid II’s go-live date of January 3.
Vela Introduces SI Data Hub
Technology provider expands Mifid II offering with launch of systematic internalizer data hub.
Thomson Reuters Unveils Mifid II Reference Data Suite
Thomson Reuters has enhanced the reference data tools on its DataScope platform with the aim of helping clients' Mifid II compliance efforts.
IHS Markit Launches SI Registry
Systematic internalizer registry aims to help firms with trade reporting obligations under Mifid II.
FCA Likely to Review Consolidated Data in 2018
It is looking increasingly likely that no consolidated tape provider will be authorized by the time Mifid II comes into force Jan. 3; regulators call lack of authorized CTP an “ongoing issue.”
LSE and APIR Team Up to Issue LEIs in Australia and SE Asia
The London Stock Exchange Group is working with APRI Systems to issue and maintain Legal Entity Identifiers in Australia and southeast Asia.
Smartkarma Raises Funds to Grow Platform, Data
The funds will be used to add new features to the research marketplace and support further international expansion.
Mifid II Bites into Thomson Reuters Desktop Revenues
Execs blame lower-than-expected revenue increases on uncertainty around the upcoming Mifid II regulation.
Metamako, Velocimetrics Ally for Mifid II-Compliant Data Monitoring
The solution will provide firms with a complete, timestamped audit trail of their activity.
Cboe Rolls Out Final Software for Mifid II
The exchange has completed its compliance strategy by releasing its final piece of software.
All Things Are Just Dandy in the Eurozone
The tone at this year's Esma conference was a little too positive when it came to Mifid II says John.
Will Europe’s Unbundling Rules Expand to the US?
The unbundling of research and execution services in Europe is one of Mifid II’s most ambiguous mandates. Aggelos says the precedent Europe is setting could trigger a domino effect in the US markets.
Large Firms Select Trax for ARM and APA Services
Pan-European buy- and sell-side clients choose Trax's ARM and APA solutions for Mifid II compliance.
Exegy Hires Lansdowne for EMEA, Asia Sales
Lansdowne will help the vendor expand in Europe and Asia, where it has identified growth opportunities, officials say.
Brexit Looms Over Future of European Financial Markets
A lack of clarity about the UK’s departure from the European Union is an ongoing source of concern for the financial services industry, leading to continuing questions around investor protection, transition costs and regulatory obligations.
FCA: Mifid II Enforcement Starts Jan. 3, Will Be Targeted
UK regulator's Mifid coordinator underscores message from European Commission earlier this month: no further delays to deadline. However, enforcement will be targeted.
Merrill Lynch, JPMorgan, Sibos: A Week in Review
John recaps some of Sell-Side Technology's best stories of the week, including (more) blockchain developments, noteworthy fintech graduates, and significant regulatory fines.
JPMorgan Deploys Platform from In-Residence Graduate Mosaic Smart Data
Mosaic Smart Data is the first JPMorgan fintech graduate to see its product implemented throughout the financial giant’s operations.
Merrill Lynch Slapped with $45 Million FCA Fine for EMIR Reporting Failures
First enforcement action under EMIR taken by UK financial watchdog over exchange-traded derivatives reporting.
Esma Panel: Arrival of Mifid II will be “Like Christmas”
Esma conference panelists discuss how the trading and market infrastructure will be affected by incoming regulatory changes.
ABN Amro Clearing Adds Futures Markets to Fidessa EMS
ABN Amro Clearing has extended its partnership with Fidessa, adding futures markets to its EMS.
European Commission: Post-Crisis Regulation Must Focus on Fintech
Fintech developments and implementation requires greater regulatory supervision, according to the European Commission's vice president.