LSEG’s UnaVista TRADEcho gains approval for EU and UK reporting
UnaVista TRADEcho will provide MiFID II and EMIR reporting in the EU and the UK.
Tag: MiFID II
Equities
ESMA sparks concern with share trading Brexit plans
Major UK stocks including Vodafone and Coca-Cola would have to be traded within the EU in ‘no-deal’ Brexit scenario under the share trading obligation.
ELP SIs gain ground with record volumes in February
Market maker-operated systematic internalisers are winning market share now more than a year into the MiFID II regime.
Buy side
Conditional orders and periodic auctions come out on top post-MiFID II
When it comes to seeking liquidity under MiFID II, a survey of senior traders has found that periodic auctions and conditional order types are the most useful.
Gresham, RegTek.Solutions partner on delivering new transaction reporting solution
Transaction reporting solution for buy- and sell-side firms aimed at fulfilling compliance requirements for EMIR, MIFIR, Dodd-Frank.
ESMA chair wants objectivity, open minds for crypto-asset regulation
Steven Maijoor also talked down development of a bespoke regulatory regime for crypto-assets during keynote speech in Brussels.
Buy side
BlackRock urges EU policymakers to protect midpoint trading
EU policymakers are looking to extend the tick size regime to SIs, periodic auctions and block trading venues, but the buy-side is concerned about the potential impact this could have on trading at the midpoint.
FCA chief: MiFID II research rules to save investors £1 billion in five years
Andrew Bailey told delegates at an event this week that the unbundling of commissions and research payments has been positive for the industry so far.
Regulation
Larger buy-side firms cut research budgets as MiFID II beds in
CFA Institute report suggests unbundling has not had a positive impact on the industry as budgets decrease, while coverage and quality of research falls.
MiFID II helps Tradeweb reach record European ETF volumes in January
Tradeweb saw record European ETF volumes last month, with 44.9% being traded via its AiEX electronic trading platform.