The MiFID II SI regime, best execution reporting, market data costs and the share trading obligation were among the areas the EFSA has urged authorities to prioritise.
Tag: Best Execution
Firms are at risk of fines for MiFID II transaction reporting failures, as almost 70% state they have received no feedback at all from regulators on submissions.
Market participants agree that trust is a key aspect for firms looking to work with technology providers on their execution processes.
BNP Paribas buy-side clients to receive independent transaction-cost analysis through Itarle Vision platform.
Research from Cappitech revealed that many firms are not producing RTS 27 reports, and 60% have no intentions to use the reports on execution quality internally.
The trade body recently published a paper on best execution 10 months on following the introduction of MiFID II in January 2018.
Quantitative Brokers’ best execution algorithms for US cash treasury markets and global futures will be available via QuantHouse’s API ecosystem.
TORA has launched an artificial intelligence-powered algo wheel enabling buy-siders to assess, monitor and justify algorithm and broker choices to regulators.
MiFID II compliance with best execution, unbundling and payment for order flow are among the rules the FCA will be looking at this year.
Liquidnet ‘Best Ex Replay’ tool allows traders to replay market conditions at time of execution to help meet MiFID II best execution requirements.