MiFID II posed a significant number of challenges for trading firms across Europe, but its regulatory impact has perhaps not been as dramatic as many had anticipated. Although many analysts predicted the imminent failure of smaller market players and potentially serious consequences for firms undertaking systematic internalization, the regulation came into play without creating quite the level of disruption that many had feared.
This suggests that, although the introduction of some measures been pushed into 2019, the time is now ripe for firms to start thinking about working within the rules to actually create value. Not just comply. This means leveraging technology to improve trading strategies, enhance automation and foster business expansion, moving away from the manual workarounds initially implemented and turning the challenges of MiFID II into competitive opportunities.
Find out how in out latest MiFID II booklet.
Trading As discussed in an earlier blog post, convergence of equities and FX markets is spurring some institutions to merge their respective trading operations so as to enjoy economies and leverage successful activities across both asset classes. But for firms taking this route, there are significant challenges. Despite the convergence of FX and equities markets, there […] January 14, 2019
Trading On December 5th 2018, Itiviti’s Systematic Internaliser solution was named Best New Technology Product – Trading and Execution at 2018 FOW International Awards. In this article, Itiviti’s Jonas Lindqvist explains how Itiviti was already working with clients to identify the opportunities offered by the SI regime on MiFID II’s January 3rd go-live date. In the […] December 17, 2018
Execution Change is nothing new in trading. Since the millennium, sell-side brokers have had to ride waves of transformation in regulation, market structure, technology and economic fundamentals. Survival and success have depended on adaptability and timely adjustment to these increasingly complex market circumstances in terms of organization, business models and technology. The financial crisis of 2008 […] December 10, 2018
FIX Infrastructure End-to-end testing of trading environments is essential for financial services firms today – yet it can seem daunting to implement these complex systems, especially if it involves an overarching overhaul of existing point or legacy solutions. Taking a step-by-step approach can break this down into a more manageable process, while the resulting benefits have the […] December 3, 2018
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