MiFID II’s SI regime to herald new age of fragmentation
Industry estimates on the number of registered systematic internalisers suggests the market will see fragmentation increase severely.
Latest hire will bring JP Morgan European equities specialist to US.
The TRADE speaks with CEO for ITG in EMEA, Rob Boardman, about the recent launch of its algo wheels, the systematic internaliser regime and the challenges ahead of MiFID II.
ITG’s research payment account adds ONEaccess’ research valuation tools for unbundling.
ITG and Commcise have integrated their technology to provide an end-to-end unbundling service.
Recent survey finds majority of buy-side firms will wait until MiFID II is launched before implementing unbundling.
ITG’s RPA tool combines administrative processes and a support team to help the buy-side navigate unbundling requirements.
Broker failed to ensure receipts were backed by foreign shares.