Trade associations outline key priorities for MiFID II review
The MiFID II SI regime, best execution reporting, market data costs and the share trading obligation were among the areas the EFSA has urged authorities to prioritise.
Tag: SI regime
Technical issue sees ESMA delay crucial MiFID II systematic internaliser data
Systematic internaliser data due to be published on 30 April has been delayed by the European markets regulatory after a technical issue.
ESMA to suspend publication of vital MiFID II calculations in case of ‘no-deal’ Brexit
ESMA prepares for 'no-deal' Brexit with plans to temporarily suspend calculations for vital MiFID II rules including the SI regime, DVCs and bond liquidity.
MiFID II SI regime for derivatives delayed for a second time until 2020
ESMA cites bad data but gives no further details on when the regime will be implemented for derivatives, other than it will be in 2020 at the latest.
Itiviti connects to Hudson River systematic internaliser
Itiviti’s clients will gain access to Hudson River’s liquidity through its systematic internaliser.
Trax adds Thomson Reuters data to MiFID II reporting and SI services
Thomson Reuters will provide its market and reference data to APA and ARM services at Trax, as well as the SI determination tool.
Buy-side warming to Virtu Financial’s SI, chief says
Virtu Financial CEO Doug Cifu outlines growth of its systematic internaliser and targets further growth of the service in Europe.
Virtu links SI to Fidessa’s market access services
Virtu and Fidessa have entered into a liquidity agreement as MiFID II rules sweep the industry.
European Commission finally shuts down SI loophole
Potential loophole within the systematic internaliser regime under MiFID II has been source of controversy for months.
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.