ITG targets MiFID II unbundled commissions
Frank Troise has said ITG wants to snatch a share of current bundled commissions through improved execution offering.
Frank Troise has said ITG wants to snatch a share of current bundled commissions through improved execution offering.
Half a year into the job, John Bakie catches up with ITG’s new CEO, Frank Troise, to ask how he’s preparing the business for the future.
Moving research payments into the post-trade process could help get around conflict between CSAs and RPAs.
Survey finds 46% of the buy-side are waiting for the final regulatory texts before implementing RPAs.
Panel agree that firms will opt for paying for research internally, following Mifid II regulations on unbundling.
Questions raised over viability of CSAs and potential loopholes on non-monetary minor benefits.