Deutsche Bank’s CFO says external research costs related to MiFID II reached €20 million in the first half of the year.
ESMA lays out rules for free-trial periods and investment firms are excepted to keep a record that they have been met.
One head of global custody believes custodians could play a part in the front-end decision-making process for clients.
Global survey of fund managers suggests the buy-side is now feeling the consequences of MiFID II unbundling rules.
Survey of UK-based fund managers focusing on small and mid-sized companies suggests MiFID II has negatively impacted liquidity and research coverage.
MiFID II compliance with best execution, unbundling and payment for order flow are among the rules the FCA will be looking at this year.
MiFID II research pricing war has seen price of fixed income research plummet as banks compete against each other.
Deutsche Bank targets greater share of research market and predicts competitors to scale back.
SGX is the first exchange group to join C-suite Pilot platform developed by Smartkarma that aims to ease communication and data reporting.