MiFID

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UK competition authority probes Fidessa takeover

20.06.2018

The UK’s Competition and Markets Authority (CMA) has said it is investigating the anticipated acquisition of Fidessa by ION Investment Group. An inquiry into the proposed merger was launched on 18 June, examining whether the acquisition could lead to the substantial lessening of competition within any market or markets in the UK, the CMA said. […]

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Thomson Reuters adds Deutsche and Kepler Cheuvreux to research service

25.05.2018

Thomson Reuters has expanded its research service for the buy-side with content from Deutsche Bank, Kepler Cheuvreux and European Securities Network (ESN). The Investment Research Marketplace (IRM) was launched in March this year to allow the buy-side to purchase, manage and evaluate research in compliance with new rules brought in under MiFID II, and is […]

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Swiss vote on radical sovereign money plan to upend banking system

24.05.2018

ZURICH (Reuters) – Jean-Marc Decressonniere is probably the only banker in finance-friendly Switzerland who supports a vote next month that could transform how lenders operate. Unlike virtually all his peers, Decressonniere backs the Sovereign Money initiative, which wants to stop commercial banks from in effect creating money every time they make a loan. Supporters say […]

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SEB deploys Itiviti and ULLINK’s MiFID II SI service

17.05.2018

Nordic financial services group SEB has implemented a new systematic internaliser (SI) service offered by recently merged multi-asset trading technology firms Itiviti and ULLINK.   The tool allows brokers copytrading platform acting as SIs under the MiFID II regulatory regime to comply with the requirements around quote management, pre-trade transparency, reporting and best execution. ULLINK’s […]

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MiFID II comes into play

Buy-side increases critical reception of algorithms as MiFID II comes into play

16.05.2018

Buy-side firms are becoming increasingly critical of the algorithms and the providers they use as the effects of MiFID II begin to bed in, according to The Binary options Algorithmic Trading Survey 2018 for long-only firms. Conducted during the first few weeks of the new regulatory regime, the survey found that trends are already beginning […]

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