Tag: Pre & post trade reporting

The European Securities and Markets Authority may need a new funding model in order to meet its regulatory and data collection obligations, said its chairman, Steven Maijoor.

European investment managers should not wait for regulatory mandate to adopt multi-asset commission sharing agreements which can improve fund performance across a range of strategies, according to a white paper issue recently by German agency broker AQX Securities.

The second afternoon of TradeTech Europe 2014 devoted a whole stream to transaction cost analysis, and in particular, the buy-side perspective. All speakers made clear that traders want to use TCA to improve trading performance.

A US tech provider offering buy- and sell-side firms the ability to record phone calls has teamed up with regulators to push for transcription-based recording rules to improve compliance.

Almost nine in ten buy-siders want FIX messages to carry information about which venues their order has visited despite a lack of standardisation, according to a survey conducted by FIX Trading Community.

London Stock Exchange Group has added Swiss stocks to its trade reporting service to provide a pan-European service that puts it head-to-head with BATS Chi-X Europe’s offering.

Nearly 70% of respondents to theTRADEnews.com February poll believe buy-side firms should outsource derivatives trading obligations under the European market infrastructure regulation.

Market participants are likely to experience further inconsistency and confusion in derivatives reporting after the European Securities and Markets Authority released additional guidance the evening before deadline.

This month sees the start of buy-side reporting of derivatives in Europe, but many are questioning whether the ends justify the means.

Derivatives trade data to be reported by the buy-side for the first time next week is unlikely to be 100% accurate, according to Xavier Hoche, COO, trading and securities financing, at AXA Investment Managers.