Trading Systems Insights


MiFID II fallout: Why progress on price discovery is needed

4th August 2017

In less than six months’ time, asset managers will be unable to receive investment research unless a commercial agreement is in place. MiFID II clearly stipulates investment research will need to be explicitly priced and cannot be linked to the volume or value of transactions executed by the broker – in other words, research charges... read more

Regulation and enforcement: FX manipulation, best execution, and principles, principles, principles…

1st August 2017

You would be mistaken if you thought enforcement notices were just the preserve of big banks and individuals. Many smaller regulated banks fall foul of FCA and other authorities’ scrutiny. For FCA regulated firms this is mainly around two important principles of business (Principle 3 & Principle 11). Principle 11 deals with relations with... read more

Is the blockchain emperor wearing no clothes?

25th July 2017

Company: Citisoft
The hype around technology, such as blockchain and Artificial Intelligence (AI), shows no sign of abating; it is currently riding an impressive wave of publicity. The trade press and thought leadership portals are filled with articles on how these technologies will disrupt the industry. Is this interest, however, sustainable? Or even correct? It... read more

The most significant fintech acquisitions of 2017 so far

24th July 2017

Company: bobsguide
According to KPMG’s Pulse of Fintech report, fintech VC activity in Europe has hit a historically high level for successive quarters. In Q1 2017, global investment in fintech companies hit $3.2bn across 260 deals. Q1 2017’s total capital invested soared to $610m, which was noted as the highest tally in years. VC investment in fintech... read more

MiFID II will change the market in six distinct ways

12th July 2017

In March, Vela hosted an executive roundtable in London on the cross asset challenges of MiFID II. In the third and final event report, we look at the changes that participants from across the market expect to see in business models, trading patterns, and relationships. No such thing as free research… Business models will change as a... read more

MACD vs. OSMA: Which one should be the reference point for a pro trader?

12th July 2017

Trend-following is the primary method through which profit is made in trading. Buying when stocks or currency are cheap and selling when they are at their most expensive point is the desire of every trader. Knowing these points, however, is closer to gambling than most of them would like to admit. A game of nerve and risk follows. The uncertain... read more

MiFID II: The debate is over, now is the time for action

11th July 2017

On 29th June, the FIX Trading Community held its summer London regional event kindly hosted by BNP Paribas, bringing together market participants to debate hot topics affecting the industry. And of course, there is nothing more pressing at the moment than the looming MiFID II deadline. The evening started off with an update from some of the FIX... read more

Mutualisation and the benefits of implementing managed services for FX

10th July 2017

Company: GFT
Regulation is tightening within the banking industry and with the advance of technology, it is becoming more and more challenging for firms to retain acceptable profit margins within their foreign exchange (FX) business. Over the past decade we have seen many firms off-shoring and outsourcing their operations business to reduce costs in order to... read more

Editor's picks: Developments in MiFID II

7th July 2017

Company: bobsguide
1. Making wealth managers ready as the MiFID II deadline approaches Rodney Taylor, Business Development Director, Profile Software The regulators have been clear in communicating the instruction that they expect best efforts to be made to comply with the fast approaching 3rd January 2018 deadline for MiFID II. Whilst an army of consultants... read more

The emergence of Interaction Analytics as a compliance tool

4th July 2017

Business Systems’ Tim Thurston explains how Interaction Analytics can be used to help comply with the ever tightening regulations within the financial services Industry Why is the adoption of Interaction Analytics gaining momentum within financial services? In an effort to comply with the ever tightening regulations such as MiFID II,... read more