Tora Adds AI Tool For TCA - WatersTechnology.com

Wei-Shen Wong
07 Dec 2017

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Under requirements in the revised Markets in Financial Instruments Directive (Mifid II), which come into effect on January 3, 2018, buy-side firms must take a number of steps to deliver and demonstrate best execution to investors and regulators.

Therefore, investment firms need to monitor execution quality in terms of “price, costs, speed, likelihood of execution and settlement, size, nature of any other relevant consideration,” according to the rules.

Gerrit Van Wingerden, managing director

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