TradingTech Insight Blogs The latest content from across the platform
MiFID II – Are we nearly there yet?
The Financial Conduct Authority’s (FCA) publication of its final policy statement on the implementation of Markets in Financial Instruments Directive II (MiFID II) early this week underlines the mantra of ensuring transparency around processes and the protection of client money. It clarifies issues around provisions including inducements in relation to research, best execution and taping,…
Why Packet Capture Matters For MiFID II Compliance
Firms are catching on to the importance of packet capture for the real-time trade surveillance that MiFID II will require when it takes effect at the start of 2018, according to trading technology and regulation experts who spoke in a webinar hosted by Intelligent Trading Technology on June 27. The definition of network packet capture…
GoldenSource Integrates eXtremeDB to Speed Up Regulatory Response
GoldenSource has integrated its Risk Master platform with McObject’s eXtremeDB to deliver an enterprise data management (EDM) solution capable of responding to regulations demanding fast access to vast data volumes. Initial use cases of the integration include compliance with Fundamental Review of the Trading Book (FRTB) regulation and the best execution elements of Markets in…
MiFID II Drives Widespread Market Data Operations Changes
As the largest European exchanges, along with many other European trading venues, change or update systems to be compliant with MiFID II provisions concerning best execution, firms are finding they must also update the way they interact with these exchanges and venues. Market data and automated trading order execution systems provider Redline Trading Solutions has…
Singapore Firm Adds Ullink Post-Trade System
Singapore-based asset management company Village Capital, which invests mainly in Japanese equities, recently began using Xtrain, a Ullink system which addresses post-trade functions including trade reconciliation, reporting and performance data management. Village Capital chose Xtrain, after already using Ullink’s Xilix execution management system, to stop performing post-trade functions completely manually, as it had been. Taking…
IHS Markit Builds out MiFID II Product Portfolio
IHS Markit’s collaboration with Deloitte on MiFID II counterparty entity classification and terms of business repapering builds out the company’s MiFID II product portfolio, which already includes transaction reporting based on the IHS Markit enterprise data management (EDM) solution. The Deloitte collaboration follows IHS Markit’s introduction of the Outreach360 regulatory compliance communication platform last month…
Quantave Debuts Blockchain Liquidity Infrastructure
Trade life-cycle infrastructure provider Quantave has begun beta testing of a digital assets infrastructure that aims to improve access to liquidity available in digital currencies such as Bitcoin and Ether, according to Paul Gordon, CEO of the company. The volume of digital assets trading can be as much as $2 billion daily worldwide. “Accessing available…
IHS Markit and Deloitte Partner, Addressing MiFID II Compliance and Re-papering
Building on its launch of the Outreach360 regulatory compliance communication platform last month, information and analytics solutions provider IHS Markit has partnered with Deloitte to make the consultancy’s regulatory advisory expertise available as a managed service on the platform, according to officials of the companies. The partnership of IHS Markit and Deloitte is offering MiFID…
Thomson Reuters BlockOne IQ Adds Market Data to Blockchain Transactions
Thomson Reuters is building out its blockchain capability with BlockOne IQ, which allows blockchain applications to include the company’s current and historic market data in their processes, and provides cryptographic proof that Thomson Reuters is the source of the data. BlockOne IQ follows the company’s 2016 release of BlockOne ID, which allows developers to map…
Using High-Frequency and Automated Trading Wisely
The difficulties of making high-frequency trading profitable – or its absolute importance — may be exaggerated, and automating trading may be more useful than industry observers would think, according to trading operations executives who spoke in a panel discussion on “Trading in the New Normal Environment,” at the Intelligent Trading Summit held in New York…