The RTS 27 Now tool for MiFID II will help banks considered to be SIs meet the December reporting deadline.
Tag: Systematic Internalisers
Virtu Financial CEO Doug Cifu outlines growth of its systematic internaliser and targets further growth of the service in Europe.
Research found that around half a billion euros is traded a day on systematic internalisers operated by electronic liquidity providers.
SI calculations for derivatives will now be published on 1 February 2019 as ESMA blames incomplete and insufficient data.
ESMA chair Steven Maijoor says watchdog is carrying out a ‘fact-finding’ exercise on periodic auctions and highlights competitive advantage for SIs.
Only 26% of traders believe dark liquidity will shift towards lit venues under MiFID II regime in Europe.
SEB expands long-standing relationship with both ULLINK and Itiviti through implementation of new SI service.
Research from ITG shows equity trading volumes falling for dark MTFs as volume caps take hold.