FlexTrade integrates SmartStream RDU for MiFID II order ticket compliance LeapRate

July 10, 2018 BY Valentina Kirilova

FlexTrade integrates SmartStream RDU for MiFID II order ticket compliance

FlexTrade and The SmartStream Reference Data Utility (RDU) have just announced the integration of the SmartStream RDU with the FlexTRADER EMS (execution management system). The integration offers mutual clients the ability to embed SmartStream RDU’s Systematic Internaliser (SI) Registry information directly into the send order ticket, providing much needed clarity on counterparty SI status, prior…

June 13, 2018 BY Valentina Kirilova

RSRCHXchange survey reveals MiFID II is driving global standarts for research unbundling

RSRCHXchange, the marketplace and aggregator for institutional research, has just released headlines from the results of their latest survey on research unbundling which came into effect on January 3rd 2018 across Europe as part of MiFID II. The survey was conducted in Q2 2018 by polling company Survation, who canvassed the views of 418 respondents…

May 29, 2018 BY Valentina Kirilova

TORA teams up with Trax for MiFID II trade and transaction reporting

TORA, provider of the industry’s advanced cloud-based order and execution management system (OEMS), has just announced that it has partnered with Trax, the post-trade services and European market data division of MarketAxess, to help their mutual clients meet MiFID II trade and transaction reporting requirements. This development is the latest in a range of solutions…

May 29, 2018 BY Valentina Kirilova

ESMA publishes final guidelines on MiFID II suitability requirements

The European Securities and Markets Authority (ESMA) informed that it has published its Final Report on Guidelines on certain aspects of the MiFID II suitability requirements. The assessment of suitability is one of the most important requirements for investor protection in the MiFID framework. It applies to the provision of any type of investment advice,…

April 25, 2018 BY LeapRate Staff

Understanding MiFID II National IDs

The following article was written by Quinn Perrott, General Manager of regulatory and compliance solutions provider TRAction Fintech. Natural person identifiers are an important part of transaction reporting and contain some complexity in their application due to the variety of identifiers available. It’s widely-known that corporate counterparties need to be identified by their legal entity…

April 24, 2018 BY Valentina Kirilova

MiFID II reducing volume & quality of research on small and mid-size companies

Following the implementation of MiFID II in January 2018, a new survey reveals that UK fund managers believe the more stringent financial regulations are having a detrimental impact on small and mid-size quoted companies, both in terms of their research coverage and liquidity in their shares. According to the survey of 100 UK-based fund managers,…

March 28, 2018 BY Valentina Kirilova

Major banks adopt Droit fully-digitized MiFID II trade compliance solution

Six major global banks announced that they have adopted the first fully-digitized MiFID II trade compliance engine for the financial markets. The service from Droit Financial Technologies (Droit) was launched in January ahead of the MiFID II deadline, and instantly expands the ability of financial institutions to comply with the thousands of pages of MiFID…

March 22, 2018 BY Valentina Kirilova

Eze Software joins NEX Regulatory Reporting to enhance MiFID II support with APAs

Investment technology provider Eze Software has just announced its strategic collaboration with NEX Regulatory Reporting, a business area within NEX Group plc. As an Approved Publication Arrangement (APA) provider, NEX Regulatory Reporting supports clients in their MiFID II obligation to publish pre- and post-trade data and reports as soon as possible after execution. The collaboration…

March 07, 2018 BY Valentina Kirilova

CLS adds end-of-day FX trade reporting for MiFID II

The market infrastructure delivering settlement, processing and data solutions company CLS has just announced that it is launching CLSReporting - a reporting product for foreign exchange (FX) matched instructions that supports members with their MiFID II reporting requirements. In response to market demand, CLS will provide the ability for parties and counterparties to FX trades to…

FCA publishes its Quarterly KPIs, no clear trends indicative of firm responses to Brexit

February 19, 2018 BY LeapRate Staff

Investors relieved at smooth roll out of MiFID II

The following article was written by Adinah Brown, content manager at Leverate. In 2004, the European Commission Financial Services Action Plan launched the Markets in Financial Instruments Directive, or MiFID, which subsequently morphed into MiFID II. This directive contained a total of 42 regulations that were intended to significantly change how the EU’s financial service markets…

Tag: MiFID II