ESMA proposes SI tick size changes to even playing field
ESMA changes to the SI tick size show MiFID II is the gift that keeps on giving.
Regulation
IHS Markit establishes SI database
Database of systematic internalisers aims to help firms navigate reporting responsibilities under MiFID II.
CFTC chairman warns EU to stay off clearing turf
CFTC's Giancarlo stated stricter rules on overseeing non-EU clearing houses will damage US derivatives markets.
Reporting software failures sees Morgan Stanley fined in the US
Morgan Stanley has been fined a total of $350,000 after the CFTC found it had omitted data from its Large Trader reports.
Over half of US buy-side say they will need to comply with MiFID II
SimCorp poll finds just 23% of buy-side in North America are confident they have a plan in place for MiFID II compliance.
Major institutions adopt Trax reporting services ahead of MiFID II
Goldman Sachs, Investec Asset Management and Janus Henderson are among several institutions using Trax for reporting under MiFID II.
UnaVista develops service for CAT reporting in the US
UnaVista launches CAT Accelerator tool ahead of reporting requirements next month.
The real cost of research
Headlines have decried eye-wateringly high research costs leaked in recent months, but do they reflect the real state of unbundling? The TRADE investigates…
SEC grants relief period for MiFID II research rules
US brokers given 30-month relief period as SEC looks to reduce confusion over cross-border compliance.
HSBC’s ex-head of FX cash trading found guilty of fraud
Former senior FX trader at HSBC defrauded one client out of more than $7 million.