Latest MiFID News: Finextra Research

Samsung moves into Big Brother territory

Traders beware: Samsung has unveiled a new mobile voice recording system (MVRS) for Galaxy phones that can not only listen in on every conversation but also track your movements and monitor you data usage.

30 September 2016

News/MiFID

Bats to launch European block trading venue

Bats Europe is to license technology from US block trading venue Bids to launch a new service for the European equity market.

09 August 2016

News/MiFID

MiFID II delays helping firms reduce tech debt

Delays in the publication of Regulatory Technical Standards (RTS) for MiFID II are having a positive side effect - incentivising financial services firms to take on major system overhauls in a bid to reduce their technology debt, claims a paper from GreySpark.

17 May 2016

News/MiFID

Markit sells Boat trade reporting service to Cinnober

Swedish trading technology vendor Cinnober has bought the Boat trade reporting service from Markit. Financial terms of the deal were not disclosed.

02 July 2014

News/MiFID

MEPs vote to curb high-frequency trading

Members of the European Parliament have voted through new rules designed to clamp down on high-frequency trading 'Flash Boys'.

16 April 2014

News/MiFID

Europe nears agreement on HFT rules

The European Parliament has hammered out a preliminary deal with EU member states on how to regulate high-frequency trading.

23 October 2013

News/MiFID

Institutional investors feel ignored over MiFID II plans

The vast majority of buy-side firms feel that institutional investors have had no meaningful influence on the legislative process building up to new MiFID II rules, according to a Greenwich Associates survey.

14 November 2012

News/MiFID

No link between HFT and market manipulation - research

There is no link between high-frequency trading (HFT) and market manipulation, according to research from Australia's Capital Markets Cooperative Research Centre (CMCRC).

13 November 2012

News/MiFID

Study questions MiFID II HFT plans

A UK-government commissioned working paper on the economic impact of MiFID II has hit out at several key computer trading rule proposals, warning that they could damage economic growth.

03 September 2012

News/MiFID

Finance Watch demands European HFT crackdown

Finance Watch, a European association lobbying under the banner 'making finance serve society', has called on the EU to crack down on high-frequency trading.

24 April 2012

News/MiFID

European parliamentarian demands tougher crackdown on HFT

A European Parliament report is calling for the Commission to toughen up its crackdown on high-frequency trading under MiFID II.

26 March 2012

News/MiFID

Exchange competition and HFT get hostile reception in UK market review

A government-sponsored independent review into the performance of UK equity markets has encountered deep scepticism among asset managers of the wisdom of opening national stock markets to competition and scathing criticism of the role played by high frequency traders in distorting market values.

29 February 2012

News/MiFID

HFT no threat to financial stability - Swedish watchdog

High frequency trading does not pose a significant threat to financial stability in Sweden but does raise the spectre of market abuse, according to the country's regulator.

21 February 2012

News/MiFID

Cinnober releases hosted OTF package

Swedish technology supplier Cinnober has released a subscription-based hosted service for banks and brokerages looking to create an Organised Trading Facility in line with new European marketplace regulations.

08 December 2011

News/MiFID

EU financial markets get ready for MiFID II

The European Commission is this week meeting to finalise the details of a new set of rules governing competition and transparency in the capital markets, with implications for high frequency traders, execution venues, clearing firms, and the over-the-counter markets.

19 October 2011

News/MiFID

LSE buys FSA's Transaction Reporting Service

The London Stock Exchange has agreed a £15 million cash deal to buy the Financial Services Authority's Transaction Reporting Service (TRS).

02 August 2011

News/MiFID

European proprietary trading lobby group established

A group of proprietary trading firms have set up a European lobby group as they prepare for greater regulatory scrutiny of high-frequency trading.

08 June 2011

News/MiFID

European OTC market far smaller than claimed - study

Around 16% of European share trading is over-the-counter (OTC), far less than claimed by stock exchanges, according to a study from the Association for Financial Markets in Europe (Afme).

20 April 2011

News/MiFID

FSA not interested in trawling through algo code

The UK's Financial Services Authority has no intention of "looking through lines of code" before signing off algorithms used by high-frequency traders, describing the prospect, floated by the European Commission, as a "bad idea".

12 April 2011

News/MiFID

Regulatory changes to spur brokers' market surveillance spending - Tabb

With regulatory reform on the horizon on both sides of the Atlantic, brokers across the US and Europe are set to spend over $200 million on new market surveillance programs this year, according to research from Tabb Group.

25 February 2011