MiFID II sees more than 60% of UK-fund managers reduce broker lists
Survey of UK-based fund managers focusing on small and mid-sized companies suggests MiFID II has negatively impacted liquidity and research coverage.
News
FlexTrade unveils new multi-asset MiFID II compliant EMS
FlexNOW execution management system includes OMS integration and in-built TCA functionality for MiFID II purposes.
Fidessa accepts £1.5 billion takeover offer from ION
Temenos has withdrawn its bid for Fidessa in the face of an improved offer by ION Investment Group.
ETFs growth threatened by lack of consolidated tape
Senior market participants at the ETFs Global Markets Roundtable in London this week discussed the importance of a consolidated tape for the industry.
BT Radianz Cloud adds Vela’s market data feed
Vela’s SuperFeed provides market data on 100 global venues including Cboe, Nasdaq, London Stock Exchange and Euronext.
BlackRock compliance head appointed risk chief at Janus Henderson
Georgina Fogo will join Janus Henderson as chief risk officer in July this year following the retirement of David Kowalski.
Mosaic Smart Data partners with ESA for new frontier of FinTech
FICC data analytics firm to adopt ESA algorithms to improve market surveillance technology.
Technology
The Big Interview: Adam Toms
Adam Toms, CEO, OpenFin Europe, discusses the recently launched Financial Desktop Connectivity and Collaboration Consortium (FDC3) initiative and how it aims to revolutionise the buy-side trading desktop through universal standards.
Goldman’s Bloomberg Tradebook deal helps drive equities growth
Goldman Sachs is currently onboarding 1,300 new clients after striking equities broker agreement with Bloomberg Tradebook in November.
Startup aims to help industry adhere to FX Global Code
The Bank for International Settlements FX Global Code of Conduct was introduced almost a year ago, with more than 100 market participants committed.