ESMA consults on consolidated tape for non-equity products LeapRate

October 03, 2016 BY Valentina Kirilova

ESMA consults on consolidated tape for non-equity products

The European Securities and Markets Authority (ESMA) has issued today a consultation paper on its draft regulatory technical standards (RTS) regarding the creation of a consolidated tape for non-equity instruments which is required under the Markets in Financial Instruments Directive (MiFID II). The new MiFID II framework, which covers equity-like and non-equity instruments traded on…

September 29, 2016 BY Valentina Kirilova

FCA publishes third MiFID II consultation paper

The Financial Conduct Authority (FCA) has published its third consultation paper on the implementation of the revised Markets in Financial Instruments Directive (MiFID II). MiFID II, which comes into effect on 3 January 2018, updates and improves rules governing the way capital markets function, contributes to the reform of derivatives markets and strengthens transparency of…

September 15, 2016 BY Valentina Kirilova

CySEC announces Guidelines on Cross Selling Practices under MiFID II

The Cyprus Securities and Exchange Commission (CySEC) has informed the Regulated Entities that the European Securities and Markets Authority (ESMA) has published its Guidelines on Cross Selling Practices under MiFID II to ensure investors are treated fairly when a firm offers two or more financial products or services as part of a package. The Guidelines include…

September 12, 2016 BY Valentina Kirilova

AMF consults on the future implementation of new MiFID II provisions on payments for research

Ahead of the application of the new European regulatory framework on markets in financial instruments (MiFID II), the Autorité des Marchés Financiers (AMF) is reflecting on the implementation of new provisions on payment for research used by professionals providing investment advice on an independent basis or portfolio management. The AMF is thus launching a public…

September 05, 2016 BY LeapRate Staff

ICAP appoints Arjun Singh-Muchelle as Global Head of Regulatory Affairs

As it prepares to face new MiFID II regulations, interdealer broker ICAP plc (LON: IAP) has announced that it has appointed Arjun Singh-Muchelle as Global Head of Regulatory Affairs of its Global Broking division (IGBB). Arjun was previously at The Investment Association, where he was a senior adviser on regulatory affairs in relation to institutional investment and…

August 22, 2016 BY Valentina Kirilova

Bats Europe encourages industry harmonisation for MiFID II requirement for order record keeping

Financial exchanges operator Bats Global Markets Inc (BATS:BATS) has made available for testing on its platform its MiFID II compliant process for order record keeping, which the exchange is proposing as the industry approach to encourage harmonisation. Bats is also making available a range of enhancements to facilitate further user testing of their algorithms. To…

July 14, 2016 BY Valentina Kirilova

Linear Investments partner with RSRCHXchange to Access Institutional Research in a MiFID II compliant way

British prime brokerage Linear Investments has selected RSRCHXchange, the online marketplace for institutional research, to enable their hedge fund clientele to access and track research consumption in a MiFID II compliant way. Linear Investments provides tailored prime brokerage services to start-up, small and mid-size hedge funds that are not effectively serviced by the larger prime…

July 11, 2016 BY Mike Fox

Euronext to offer MiFID II compliant trade publication and transaction reporting services

Euronext announced it will enhance its Trade Publication and Transaction Reporting Services (subject to regulatory approval) to allow investment firms to meet the new regulatory requirements specified under MiFID II. MiFID II comes into effect in January 2018 with the aim of improving the transparency of markets in financial instruments. Euronext’s Trade Publication and Transaction Reporting…

July 11, 2016 BY Valentina Kirilova

Velocimetrics launches mdPlay, reduces insufficient testing

Velocimetrics, provider of intelligent, real-time business flow tracking and performance analysis solutions, has announced today the availability of mdPlay - a service that enables subscribers to accurately re-experience, in their pre-production environment, the market data sent or received during any given trading period. Delivering the real-world data necessary to increase the precision and robustness of testing…

July 07, 2016 BY Valentina Kirilova

Abide Financial and Corvil partner for precision MiFID II transaction reporting solution

Regulatory reporting specialist Abide Financial and real-time data analytics company Corvil today announced a partnership to deliver end-to-end transaction reporting and reconciliation solutions to meet increasingly complex international regulations. The partnership enables reporting parties in UK, Europe, US, Canada, Australia and other jurisdictions to reduce risk and achieve faster, more accurate compliance with current and evolving…

Tag: MiFID II