ESMA mulls applying tick size regime on third countries as Brexit looms
Third country instruments may have to comply with tick size regime as ESMA looks to protect venues inside the European Union.
Tag: MiFID II
Buy-side warned about free-trial periods for research under MiFID II
ESMA lays out rules for free-trial periods and investment firms are excepted to keep a record that they have been met.
ESMA delays systematic internaliser regime for derivatives
SI calculations for derivatives will now be published on 1 February 2019 as ESMA blames incomplete and insufficient data.
Hedge funds look to broker relationships for algo trading under MiFID II
The TRADE’s 2018 Algo Trading Survey finds hedge funds more critical of bank algos as pressures of MiFID II begin to hit home.
Turquoise heralds multilateral activity on periodic auction
In-depth analysis of Turquoise Lit Auctions suggests broker priority allocations on LSEG’s periodic auction could be as low as 0.06%.
TP ICAP shares plummet as chief executive Phizackerley departs
Interdealer broker revises cost saving target from £100 million to £75 million by end of 2019.
Post trade
The Big Interview: Diana Chan
As the long-standing chief executive of EuroCCP, Diana Chan, steps down from her role, The TRADE discusses her legacy with the company and what she believes the next decade holds for clearing.
Study finds 40% of firms at risk of MiFID II fines up to €5 million
Firms at risk of not complying with MiFID II’s Article 16 record keeping requirements, research says.
Buy side
MiFID II: Six months in and what’s changed?
The TRADE looks at how the industry has adapted to the new trading environment and the major issues facing market participants following the implementation of MiFID II six months ago.
Custodians could play a role in MiFID II research provision
One head of global custody believes custodians could play a part in the front-end decision-making process for clients.