Mifid II
Asian flows bloom post-Mifid II, TR's Penney says
Trade flow patterns are also changing, leading TR to launch a direct THB/JPY cross sometime this year
M&G selects 360T for FX
The UK investment manager has chosen 360T as its workflow technology provider for FX order handling and execution
Colt partners NPL on timestamping
Mifid II requires that reportable events are traceable to coordinated universal time
Mifid transparency has failed so far, say traders
Poor-quality, inaccessible data and the lack of instruments covered undermine use case
CLS to launch reporting tool for members
FX settlement utility gives members extra fields in end-of-day reports to help with reporting requirements
UK regulators zoom in on algo trading
FCA and PRA launch co-ordinated push to improve risk management and governance of algorithmic trading
FX Connect to offer BestX analytics
The platform’s key client base is the core audience for FX TCA
Best execution tops list of daily challenges – JP Morgan survey
The bank questioned more than 400 institutional investors about e-trading trends for 2018 in fixed-income and commodities markets
Thomson Reuters updates Mifid II services
Mifid II-compliant data now available from 57 global exchanges, and eight new trading and reporting venues
WMBA rebrands as Evia
Decision reflects changes at the industry association following the implementation of Mifid II
LMAX Exchange Group separates MTF and broker businesses
On the day that Mifid II goes live, the exchange separates services it offers to comply
Deutsche Bank: FX Code and disclosure to dominate
Adherence to FX Global Code of Conduct will be a key focus
Citi: scale is vital in an increasingly fragmented environment
The push for more automation is also being driven by rising costs and more fragmented markets
BNP Paribas: evaluating tools and practices to be big theme
Following a year of intense preparation for Mifid II
Barclays sees renewed momentum and innovation in 2018
Mifid II and Global Code give FX market the impetus to improve transparency and efficiency
Thomson Reuters launches MTF
The new MTF will provide FXall and Forwards Matching users with a compliant source of liquidity
BNY Mellon to become a systematic internaliser
The bank will become an SI under Mifid II, taking on post-trade reporting obligations for clients
Regulations often neglect FXPB, panellists say
Post-crisis regulatory efforts tend to focus on core market-making, leaving credit intermediators in a confusing limbo
TCA isn't a box-ticking exercise, panellists say
Mifid II has brought workflow and analytics to the forefront, delegates hear at FX Week Europe
FCA to publicly recognise selected codes of conduct
Regulator launches consultation on its proposals to supervise SM&CR rules and says public recognition will encourage adherence
Nex optimises post-trade OTC FX with direct clearing connectivity
By removing secondary matching, Nex optimises post-trade workflow and maximises benefits of clearing
Angel CoFund invests in OTCX
The OTC derivatives-trading platform receives backing from the investment fund
Market participants start testing Mifid II systems
But they do not feel fully ready for the sweeping changes taking effect on January 3
BestX launches reporting module, partners NAB
The Australian bank is the latest FX dealer to sign up for the transaction cost analysis service