The European Securities and Markets Authority (ESMA) has published the MiFID II/MiFIR transitional transparency calculations (TTC) for equity and bond instruments. The publication means that TTC for all asset classes, applicable from 3 January 2018, are now available to market participants, infrastructures and authorities as required under the new regulatory framework.Find out more
Clients who use TRADEcho’s Smart Report Router (SRR) can now report trades to the Cboe Europe equities (formerly known as Bats Europe) APAFind out more
If you have not yet selected your APA and are worried about not being ready by the 3rd of January 2018, don’t worry, we can help! At TRADEcho we have a large team of technical experts who can help you on-board quickly, so you can ensure regulatory compliance.Find out more
In preparation for MiFID II, London Stock Exchange and Simplitium (formerly known as 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 Approved 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.