Markit's RPA management service will be underpinned by RBC segregated account structure.
Small firms claim they are ready for MiFID II as larger firms continue their struggle to meet the January deadline.
IHS Markit and The TRADE will host an industry event to arm the buy-side with tools for MiFID II compliance.
Funding of research when unbundling rules are implemented will cost the firm £5 million per year.
Potential loophole within the systematic internaliser regime under MiFID II has been source of controversy for months.
Tradeweb, MarketAxess’ Trax, Bloomberg, NEX Regulatory Reporting and TRADEcho all received APA authorisation.
Research estimates the European equity research market will have $1.35 billion up for grabs after services are unbundled under MiFID II.
ISDA urges EU and UK policy makers to implement transitional period to reduce complexity and costs to market participants.
Banks may be forced to cancel trades with clients executed after 1 March if their collateral agreements had not been re-negotiated.
Former Bank of America IT Consultant allegedly tipped friends about imposing mergers and acquisitions.