(Editor’s Note: U.S. securities firms breathed a collective sigh of relief when the SEC in late October decided to pause for 30 months the MiFID II unbundling stipulation. The controversial E.U. market reform specifies that buy-side firms unbundle the money they pay for research from the money that they spend on execution via sell-side firms…. Read More >>
New Vendor Takes on MiFID II Unbundling Woes
One of the most profound changes that the MiFID II reforms will bring about is an unbundling of the money for research that buy-side firms pay to sell-side firms. With that in mind, a startup provider, Global Commission Systems (GloComm), based in New York City, has designed a system that it hopes will help firms… Read More >>
