The Aquis Market Gateway links SIs and counterparties on a bilateral basis in compliance with MiFID II.
Tag: Systematic Internalisers
Vela’s SI data hub offers price and best bid and offer feeds for liquidity across various venues.
Broker crossing networks will be banned and various new trading venues are entering the scene in 2018, so where the order flow will go and who will be the winners and losers, asks Hayley McDowell.
Database of systematic internalisers aims to help firms navigate reporting responsibilities under MiFID II.
MiFID II will ban broker crossing networks leaving a ‘big hole’ in liquidity.
Potential loophole within the systematic internaliser regime under MiFID II has been source of controversy for months.
Industry estimates on the number of registered systematic internalisers suggests the market will see fragmentation increase severely.
The EU financial regulator’s systematic internaliser database is seemingly growing as the MiFID II deadline looms.
Systematic internaliser regime could be redefined to close potential loophole, although industry experts question whether this will be enough.
A delegated act has been proposed which would redefine the systematic internaliser regime to close networking loophole.