The evolution of smart order routers

June 23, 2016

What we’ll cover:

The first generation of SORs, introduced in 2007, was designed to handle the early signs of fragmentation in Europe. Today, almost nine years after MiFID I applied, everyone is trying to understand the requirements to cope with the new landscape after MiFID II applies. The exact requirements have yet to be defined, but it is evident that today’s SORs, despite their rapid evolution outlined here, will not suffice.

In this paper Christer Wennerberg, Senior Vice President Structured Strategy Itiviti explains the evolution of SORs.

Download

Related Content

The Itiviti perspective on quality assurance

The Itiviti perspective on quality assurance

Articles & Reports The financial industry is constantly evolving, driven by a mix of new business and regulatory requirements. The imminent application of MiFID II in Europe is a case in point that is spurring a tectonic technology change. With a high pace of industry change and the cost of errors even higher, the quality assurance function is […] June 21, 2017

The evolving ETF landscape – and how to capitalize on it

The evolving ETF landscape – and how to capitalize on it

Articles & Reports In recent years, exchange-traded funds (ETFs) have seen phenomenal activity and growth. Regulation, product innovation and investor appetite have driven global Assets under management (AUM) to record levels, while also fueling increasing market structure complexity and straining trading platform capabilities across the board. Itiviti, in conjunction with GreySpark Partners, recently engaged in a comprehensive review […] May 18, 2017

White paper – The Exchange traded Funds Marketplace in 2017

White paper – The Exchange traded Funds Marketplace in 2017

Articles & Reports As continued strong growth is predicted for Exchange-traded funds (ETFs), the marketplace is also becoming increasingly complex. Itiviti has thus engaged with GreySpark Partners in a comprehensive review to map the key factors that will shape the future of ETF trading. The resulting whitepaper covers the competitive and regulatory issues facing ETF market participants in […] May 8, 2017

How automation can future proof trading systems and meet regulatory requirements

How automation can future proof trading systems and meet regulatory requirements

Articles & Reports Market participants are under tremendous pressure to maintain profitability whilst simultaneously improving time to revenue, meeting new regulatory requirements and holding off their competition. Venues, buy-sides, sell-sides, service and product providers are struggling with the increased regulatory pressure and the complexity of the trading environment. Manual processing is labour intensive and exposes firms to the […] March 14, 2017