Nearly one year on from the fundamental changes to Europe’s trading rulebook brought about by Mifid II, its overall impact is still unclear. Although experts talk of greater transparency in the markets, it’s had its share of issues, some of which are…
The data will support Trax’s MiFID II and SI determination service, which indicates a firm’s potential to become an SI before the assessment period.
IMD/IRD Awards 2018
The revised Markets in Financial Information Directive (Mifid II) went into effect at the start of 2018 and, as with any significant regulation go-live, there were some hiccups. Three months later, there are still gaps that need to be filled –…
Experts warn venue reports will be unreliable and effectively bereft of value for investors.
Smartstream RDU, which had previously announced it would take a utility approach to centralizing and sharing SI data, announces an SI Registry in collaboration with six APAs.
Identifying what constitutes true trading activity and addressable liquidity is key to analyzing the success of market reform, experts say.
Jane Street’s systematic internalizer is now available to QuantHouse’s API clients.
Hub allows counterparties to continually adjust which stocks they want to interact with.
The technology provider expands systematic internaliser data hub with addition of data from market-making firm Virtu Financial.
John takes a look at some of 2017's key trends, including regulation, cybersecurity and artificial intelligence.
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.
For four years, regulators had to face fierce objections from groups of market participants that were unhappy with new European rules.
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…
Technology provider expands Mifid II offering with launch of systematic internalizer data hub.
Systematic internalizer registry aims to help firms with trade reporting obligations under Mifid II.
The tone at this year's Esma conference was a little too positive when it came to Mifid II says John.
Esma conference panelists discuss how the trading and market infrastructure will be affected by incoming regulatory changes.
Modular extension for SI compliance to Ullink OMS aims to simply quoting process for brokers under new regulations.
Reference data and post-trade automation technology provider is meeting with banks in an effort to solve systematic internalizer conundrum.
Partnership with Sun Trading follows similar deal with Virtu Financial earlier this year for Nomura-owned agency broker
Anthony and James delve into how the systematic internalizer regime is shaping up, and then examine the regtech sector.
Market codes release shows over a dozen new entities registered in activity ramp-up
The SI regime has proven to be the most fragile piece of regulation, as its legal loopholes have triggered a series of political events and has been established as the market’s most notorious law.