Delays to a key aspect of Mifid II have triggered tensions between market participants and regulators.
Wedbush is the third client win for the utility, which is rolling out a new clearing platform in 2018.
Depository Trust & Clearing Corporation bolsters Institutional Trade Processing product suite.
Technology such as AI and machine learning can help compliance officers catch fraud, but more transparency, education and stronger data is needed, experts say.
As Mifid II's deadline approaches, US firms affected by the rules are still waiting for regulators to resolve crucial conflicts between European and American laws, and are likely to be making adjustments well after the deadline has passed, reports Kirsten Hyde.
Financial firms are drowning in data, yet for many, information that delivers genuine value remains a scarce resource. Joanne Faulkner investigates whether new approaches to managing internal data could yield new insights, or whether new data privacy rules will impede firms’ progress.
Financial firms commonly review trading activity after the fact to improve their execution strategies. But what they’d really love to do is perform that in real time, pre-trade. Max Bowie looks at how far along market participants are in pursuit of this goal, and the significant challenges to achieving it.
The fintech "revolution" of the past few years is looking less like it will displace traditional finance, and more like it will join it.
Thin volumes have marked bitcoin futures contracts launched by its rival, but traders hope CME's move will bolster order book depth.
With CRSP, the pilot will bring index data immediately to asset managers' networks.
Should regulators take a more active role when it comes to AI oversight, or leave it to the professionals? What will M&A look like in 2018?Subscribe to Weekly Wrap emails
- AFTAs 2017: Best Analytics Initiative—Credit Suisse
- AFTAs 2017: Best Front-Office Initiative—State Street Global Exchange
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- AFTAs 2017: Best Third-Party Technology Vendor CIO or CEO—Neil Barua, IPC Systems
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