About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Talking Intelligent Trading with Andrew Delaney: It’s a MAD MAD / MAR MAR World

Subscribe to our newsletter

Here in Canary Wharf, at least, all of the ongoing fuss about Brexit distracted us from a key regulatory milestone: the introduction on July 4 for the EU’s Market Abuse Regulation (MAR), the real-life incarnation of its earlier foray into financial crime: the Market Abuse Directive (MAD).

We could all be forgiven for worrying about Brexit: it seems the merger of LSE and Deutsche Boerse is going ahead, at least for the time being; various Europeans have been making lots of noise about moving euro-denominated clearing from London; and in the past day or so French politicians have made it clear that they hope to make Paris the financial capital of the euro once the Brits are out.

Our sister publication – Data Management Review – this week launched a readers’ poll on the topic (we’ll do the same for Intelligent Trading Technology), and early results suggest our marketplace isn’t too optimistic about Brexit’s impact on London financial services and the wider financial data and technology community. With voting open for just a few days, some 90% of respondents believe Brexit will have a negative effect on commercial prospects, with many believing core functions will depart for greener pastures, with Frankfurt, Dublin and Paris leading the race.

But back to the matter in hand: MAR.

This was a topic of discussion at our recent Intelligent Trading Summit in New York, where panellists suggested its impact could be perhaps more far-reaching than some in the marketplace believe. Indeed, one of our panellists – OneMarketData’s Dermot Hariss – suggests that MAR could be the catalyst for a more holistic approach for firms’ seeking broader regulatory compliance.

In his discussions with clients, Hariss believes many are looking to see how they can leverage their ‘tactical’ MAR solutions to launch more strategic solutions to the likes of MiFID II, EMIR and BCBS 239. Indeed, some aspects of MAR compliance won’t become clear until MiFID II has been finalised, and this may have implications for how trading firms store and organise their transaction data for future access in response to regulators’ queries.

Subscribe to our newsletter

Related content

WEBINAR

Upcoming Webinar: Hearing from the Experts: AI Governance Best Practices

9 September 2025 10:00am ET | 3:00pm London | 4:00pm CET Duration: 50 Minutes The rapid spread of artificial intelligence in the financial industry presents data teams with novel challenges. AI’s ability to harvest and utilize vast amounts of data has raised concerns about the privacy and security of sensitive proprietary data and the ethical...

BLOG

CJC and Broadhead Technologies Launch Blockchain-Powered Market Data Contract Platform

CJC, in collaboration with Broadhead Technologies, has officially launched Digital Rights for Data Management (DRDM), a blockchain-based platform designed to enhance market data contract management for financial institutions. The system aims to improve compliance, automate processes, and optimise revenue generation. Built on a custom blockchain distributed ledger technology (DLT) foundation, DRDM enables real-time data tracking,...

EVENT

RegTech Summit London

Now in its 9th year, the RegTech Summit in London will bring together the RegTech ecosystem to explore how the European capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

The DORA Implementation Playbook: A Practitioner’s Guide to Demonstrating Resilience Beyond the Deadline

The Digital Operational Resilience Act (DORA) has fundamentally reshaped the European Union’s financial regulatory landscape, with its full application beginning on January 17, 2025. This regulation goes beyond traditional risk management, explicitly acknowledging that digital incidents can threaten the stability of the entire financial system. As the deadline has passed, the focus is now shifting...