ITG expands TCA into fixed income market
By Flora McFarlane.
Agency broker ITG has announced that it is expanding its transaction cost analysis (TCA) platform into the fixed income market. Covering around...
ECB warns ‘dark trading’ may cement bond market fragmentation
A paper by the European Central Bank (ECB), entitled ‘Dark pools in European equity markets: emergence, competition and implications’ has advised firms to be...
Deutsche Börse invests US$10 million in Trumid
By Flora McFarlane.
Deutsche Börse Group has announced a “strategic investment and partnership” with New-York based Trumid, a company that provides an electronic trading network...
S3 helps buy side analyse counterparty performance
By Flora McFarlane.
S3 has added contra reporting functionality to its Fixed Income Execution Quality Suite in order to provide greater insight for clients into...
Five dealers select Droit for MiFID II Compliance
By Flora McFarlane.
BNP Paribas, Crédit Agricole CIB, Goldman Sachs, Lloyds and UBS are using Droit Financial Technologies for MiFID II trade compliance infrastructure.
Jo Hannaford,...
JWG-IT: Buy side overstretched and under-prepared for MiFID II
By Flora McFarlane
According to a new JWG survey, 90% of buy-side firms believe they are at significant risk of non-compliance for the incoming January...
Carney condemns fragmentation of CCPs
By Flora McFarlane.
In his annual Mansion House speech on 20 June, Mark Carney argued against breaking up trading infrastructure, after the recent European Commission’s...
First rise in sell-side FICC revenues for five years
The first quarter of 2017 saw a recovery in dealer revenues in fixed income, currencies and commodities, rising 19% against Q1 2016 revenues according...
FCA warns on permissions needed for MiFID II
By Sobia Hamid.
Firms who need to change their regulatory permissions as a result of MiFID II, in effect from 3 January 2018, are advised...
ESMA consults on MiFIR trading obligation for derivatives
By Sobia Hamid.
The European Securities and Markets Authority (ESMA) has published today a consultation paper regarding its draft technical standards specifying the trading obligation for derivatives under...
