Regulatory experts look at the possible outcomes of ESMA’s recent Q&A on MiFID II’s systematic internaliser regime.
Integration combines FX trading with TCA to measure best execution under MiFID II requirements.
Despite gaining clarity on unbundling rules, industry participants have noted the UK’s stricter stance on implementation.
A potential regulatory bifurcation is the biggest concern for asset managers following the EU referendum in the UK.
ITG to launch Close algorithms in Mexico and Brazil, as it extends electronic trading services across the region.
Frank Troise has said ITG wants to snatch a share of current bundled commissions through improved execution offering.
ITG sees quarterly loss, amid revenue declines in its US business and large settlement costs.
Half a year into the job, John Bakie catches up with ITG’s new CEO, Frank Troise, to ask how he’s preparing the business for the future.
ITG agrees sale of research business that will see loss of high-touch jobs.