MiFID II having negative impact on European equity liquidity sourcing
Sourcing European equity liquidity continues to prove troublesome for asset managers under the new regulatory regime.
Tag: MiFID II
Regulation
Dark pool trading volumes surge to pre-MiFID II levels
Analysis by TABB Group finds that dark pools volumes reached the largest share of on-exchange in April since before MiFID II was implemented.
Buy side
TradeTech 2019: The key takeaways
The rise of artificial intelligence and new data sets dominated discussions at this year’s conference, while Brexit casts a long shadow over future plans.
Technical issue sees ESMA delay crucial MiFID II systematic internaliser data
Systematic internaliser data due to be published on 30 April has been delayed by the European markets regulatory after a technical issue.
Invesco’s head of trading rules out outsourcing equities trading, saying ‘nobody can do it better than us’
Asset manager says its experience, technology and size mean that outsourcing the equities trading desk is not on its radar.
Industry slams regulatory ploy to shift trading volumes to lit venues
Market participants at TradeTech have agreed that trading volumes have failed to shift to lit venues under MiFID II, but the regulation has led to unintended positive developments in the form of periodic auctions.
ELP SIs opening access to liquidity despite industry transparency issues
Market maker-run systematic internalisers are bedding in to market structures but transparency concerns are still lingering.
Demand for single-broker TCA dropping despite sell-side investment, says Citi market structure head
Despite buy-side citing use of transaction cost analysis (TCA) as a larger focus post-MiFID II, Citi's market structure head for EMEA says the bank is actually seeing the converse in action.
Buy side
Brokers leading the next generation of algorithmic trading
The TRADE’s 2019 Algorithmic Trading Survey finds brokers are stepping up to the plate in the post-MiFID II landscape as banks struggle to keep pace.
Association for Financial Markets in Europe chief to step down
Simon Lewis to depart role as chief executive of sell-side industry trade body in October after nearly ten years.