In The Media

  • Financial News | August 14, 2017

    US regulators are close to softening their stance on how banks and asset managers comply with Europe’s new trading regime, in an unusual move that could have implications for future rules.

    The Securities and Exchange Commission is expected to issue guidance as early as September helping US brokers to circumvent local laws that restrict them from charging for research, according to people familiar with the matter. Direct payments for research are required under Europe’s second markets in financial instruments directive.

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  • Markets Media | August 08, 2017

    The majority of buyside traders expect to use systematic internalisers from the start of January and regard increasing employment of the SI regime as positive for European equity markets.

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  • Despite advances in data analytics technology, foreign-exchange trade audits remain a complex process requiring access to a wide spread of information on the client as well as the market.

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  • Traders Magazine | August 02, 2017

    For institutional traders, striving to achieve best execution and improve investment returns, information leakage is a constant challenge. In the current U.S. market structure, with 13 exchanges and 30+ other execution venues, it is difficult to attribute information leakage to any single venue because most modern routers create routes to many venues proximate to any price move. Since it is possible to have information leakage without an actual fill on an order —the most obvious example being lit quotes on exchanges—any of the venues used before a price move could have caused the price move.

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  • Traders Magazine | July 24, 2017

    ITG, an independent broker and financial technology provider, today announced new enhancements to its award-winning Triton execution management system (EMS) to help institutional investors meet best execution requirements, improve operational efficiency and comply with the upcoming MiFID II regulations.

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