Over the past months ESMA has published a number of opinions and letters in relation to the supervisory convergence in a number of areas in the context of the United Kingdom withdrawing from the European Union which can be read here.Find out more
Yesterday, the 10th of July 2016, ESMA updated their Q&As on MiFIR data reporting, MiFID II and MiFIR commodity derivatives and MiFID II and MiFIR market structure topics.Find out more
On Monday, the 3rd of July 2017, ESMA published an opinion on Interim Transparency Calculations under MIFID II. Following the opinion the TRADEcho regulatory team have issued this summary.Find out more
In preparation for MiFID II, London Stock Exchange and Boat Services have partnered to deliver innovative, best-in-class, MiFID II transparency services. The services facilitate efficient and straightforward pre and post trade reporting in an increasingly complex regulatory landscape.
By combining the two existing reporting platforms and utilising the respective strengths of each firm, the partnership can offer an unparalleled breadth and quality of service.
TRADEcho’s services cover all MiFID II asset classes and provide firms with the tools to meet their pre and post-trade transparency obligations, this includes SI Determination, SI Quoting, Smart Report Routing and Trade Publication.
TRADEcho will be operated as an Arranged Publication Arrangement (APA) applying relevant deferrals to provide the market with a clear and concise tape of a firms' trades.
TRADEcho's APA provides Investment Firms with a mechanism to publish trades they have executed and thereby meet their MiFIR/MiFID II post-trade transparency obligations. Trades will be published across all asset classes in line with the regulatory reporting timeframes. Together with UnaVista: firms can enjoy seamless trade and transaction reporting in one experience; helping ease the regulatory burden for financial firms.