Financial Conduct Authority approves Trax and Tradeweb for MiFID II Reporting
By Flora McFarlane.
The Financial Conduct Authority (FCA) has granted approval to Trax and Tradeweb as Approved Publication Arrangement (APA) for transparency and reporting under...
BTMU fined for spoofing in Treasury futures
By Flora McFarlane.
On 7 August the Commodity Futures Trading Commission (CTFC) fined The Bank of Tokyo-Mitsubishi UFJ (BTMU) for spoofing, submitting orders that are...
The breakdown: How asset managers are tackling fixed income unbundling
By Flora McFarlane & Dan Barnes.
With the revised Markets in Financial Instruments Directive (MiFID II) set to arrive in just under five months, buy-side...
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SEC finds market liquidity minimally impacted by regulatory reforms
By Flora McFarlane.
A paper by the Division of Economic and Risk Analysis (DERA) of the US Securities and Exchange Commission (SEC) has found that...
Bank of England maintains stock levels of government and corporate bonds
By Flora McFarlane.
The Bank of England’s Monetary Policy Committee (MPC) has voted to maintain the stock of government bond purchases at £435 billion and...
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...
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...
MiFID II: New dealer economics
Explicit commission payments and a tabloid-style of attention-grabbing research are on the cards under MiFID II, as it reinvents investment economics in fixed income.
No-one...
