Trade associations outline key priorities for MiFID II review
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: MiFID II
Predictions for 2020: Part one
Experts from across the industry share their insights into what will be the biggest trends of the coming year, covering Brexit, geopolitics and market structure.
The TRADE’s best of 2019: Regulation
John reviews the best of The TRADE News’ coverage of regulation over the past 12 months.
The TRADE’s best of 2019: Buy-side
John reviews the best of The TRADE News' coverage of the buy-side over the past 12 months.
Regulation
MiFID II failing to improve market data fee conflict with ESMA looking to equities consolidated tape solution
Review of MiFID II finds market data fee issues are not being addressed by the regulation as ESMA recommends real-time consolidated tape for equity instruments.
New data reveals the number of UK investment firms struggling with MiFID II reporting
New data discloses around 15% of UK investment firms have notified FCA of errors or omissions in transaction reporting under MiFID II.
Europe
Industry warned as regulators fail to provide feedback on MiFID II transaction reporting
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.
November: The TRADE’s most read stories
The best of the month’s stories from The TRADE, including BNP Paribas, Ardevora, MiFID II, distributed ledger technology and Leaders in Trading 2019.
XTX Markets overtakes Citadel Securities and Tower Research as largest ELP SI in Europe
Research from TABB Group found that XTX Markets is now the largest ELP SI in Europe, following record activity across the landscape in October.
Europe
ESMA chair outlines staggered and focused approach to MiFID II review
ESMA chair Steven Maijoor acknowledged a recent position paper from the German regulator calling for reform to MiFID II in Europe during a keynote address.