ESMA cites bad data but gives no further details on when the regime will be implemented for derivatives, other than it will be in 2020 at the latest.
XTX Markets joins Virtu Financial, Sun Trading and SSW Market Making as liquidity providers on Instinet’s SI aggregator platform.
Barclays opts into the systematic internaliser regime for all products including FX, rates, credit and equities.
ESMA changes to the SI tick size show MiFID II is the gift that keeps on giving.
A delegated act has been proposed which would redefine the systematic internaliser regime to close networking loophole.