RegTech firm AQMetrics enhances readiness of MiFID II solution LeapRate

January 12, 2017 BY admin

RegTech firm AQMetrics enhances readiness of MiFID II solution

Ireland-headquartered RegTech company, AQMetrics, today announced new enhancements to its end-to-end risk and compliance solution as part of its cloud-based platform. These enhancements will help both buy-side and sell-side firms better prepare for MiFID II (Markets in Financial Instruments Directive II), a year in advance of the regulatory deadline of January 2018. The recent enhancements…

December 22, 2016 BY Valentina Kirilova

LSE Group block trading initiatives ahead of MiFID II countdown

London Stock Exchange plc’s new block trading, auction and hidden order innovations including the Intraday Auction and Hidden Midpoint Pegged Orders recorded significant growth in 2016. Turquoise Plato Block Discovery also demonstrated very strong growth throughout the year. The trend highlights investor demand for trading services that will allow adaptation ahead of MiFID II’s impending…

December 16, 2016 BY LeapRate Staff

ESMA Q&A update on MiFID II focuses on best execution of OTC products

Pan European regulatory authority ESMA has added new Q&As on the implementation of investor protection topics under the Market in Financial Instruments Directive and Regulation (MiFID II/ MiFIR). MiFID II applies from January 2018 and will strengthen the protection of investors by both introducing new requirements and reinforcing existing ones. The purpose of the Q&A is…

December 12, 2016 BY Valentina Kirilova

Nasdaq Nordic launches auction on demand

Nasdaq (Nasdaq: NDAQ) just announced that it will launch an innovative new market feature, Auction on Demand, on June 7, 2017. This service is designed to fulfill MIFID II transparency requirements for the periodic auction trading model, while offering Nasdaq’s trading clients a regulated and highly advanced alternative to Over the Counter and darkpool trading.…

November 30, 2016 BY admin

Portware releases new version of its multi-asset execution management system

Portware, a FactSet Company and a global provider of multi-asset trade automation solutions powered by artificial intelligence (AI), today announced upgrades to its execution management system (EMS), Portware Enterprise. Portware Enterprise is a fully customizable “thinking” EMS designed to act as the central platform for the creation and execution of trading strategies for global equities,…

November 04, 2016 BY Valentina Kirilova

ESMA prepares for MIFID II systematic internaliser regime

The European Securities and Markets Authority (ESMA) has published an updated questions and answers (Q&A) document on the application of MiFID II/ MiFIR which clarifies when ESMA will publish the first set of data needed to implement the Systematic Internaliser (SI) regime and the date by when firms must comply with the SI regime for…

October 28, 2016 BY Valentina Kirilova

ESMA issues MIFIR reporting instructions

The European Securities and Markets Authority (ESMA) has issued detailed reporting introductions and XML schemas under its Financial Instruments Reference Data System (FIRDS). FIRDS covers the Markets in Financial Instruments Regulation (MiFIR) and the Market Abuse (MAR) requirements for reference data collection and publication, collection and processing of additional data to support the MiFIR transparency…

October 12, 2016 BY Valentina Kirilova

ESMA's golden aspirations

To achieve MiFID II’s aim of greater transparency, having a proper golden source of instrument data is key for every market participant. Fortunately, under the new rules, ESMA is required to publish a list of all financial instruments traded on all trading venues and systematic internalisers, enriched with useful, related information such as MiFIR transparency…

October 10, 2016 BY Valentina Kirilova

ESMA publishes new Q&A on investor protection under MIFID II

The European Securities and Markets Authority (ESMA) has published a Questions and Answers (Q&A) document regarding the implementation of investor protection topics under the Market in Financial Instruments Directive and Regulation (MiFID II/ MiFIR). MiFID II will enter into application on 3 January 2018 and will strengthen the protection of investors by both introducing new…

October 06, 2016 BY Valentina Kirilova

ESMA consults on MIFID II guidelines regarding trading halts

The European Securities and Markets Authority (ESMA) has issued today a public consultation regarding draft guidelines on trading halts under the Markets in Financial Instruments Directive (MiFID II). MiFID II provides that “Member States shall require a regulated market to be able to temporarily halt or constrain trading if there is a significant price movement…

Tag: MiFID II