To fill a MiFID II reporting gap, Ops vendor SmartStream via its Reference Data Utility (RDU) is working with Approved Publication Arrangements (APAs) to operate a Systematic Internalizer (SI) Registry. The SI chores of MiFID II kick in after a determination is made about the frequency and volume of transaction orders that a counterparty crosses… Read More >>
FCA Greenlights More OTFs, MTFs in Time for MiFID II
BGC, Integral Get FCA Approvals Just in time for the onset of MiFID II, the U.K.’s Financial Conduct Authority (FCA) has authorized that BGC Brokers LP, GFI Brokers Ltd., GFI Securities Ltd. can each operate an organized trading facility (OTF), and Sunrise Brokers can operate a multilateral trading facility (MTF) via GFI Brokers Ltd. and… Read More >>
Eze Software, Charles River Form MiFID II Partnerships
The January 3, 2018 deadline for MiFID II is hitting home for the securities industry and not only are global firms moving fast to hit their marks but vendors are acquiring complementary providers, creating patents, expanding their offerings or partnering before it gets too late. Over the summer, the industry has seen: Risk Focus form… Read More >>
LSEG & Boat to Launch Combined Reporting Services
TRADEcho to Hit Early Next Year The London Stock Exchange Group (LSEG) and Boat Services Ltd. will be offering TRADEcho, a combination of the two vendors’ existing and complimentary trade reporting services, officials say. TRADEcho is slated to be available by the first quarter of 2017 and will offer a single trade reporting venue and… Read More >>
