Hayley’s Comment: Misguided intervention
Some of MiFID II’s consequences were widely anticipated, such as the rise of block trading and the migration of order f
Euronext has purchased a majority stake in Commcise, a Software as a Service (SaaS) provider of research evaluation and commission management solutions for financial services firms.
The exchange platform will acquire 78% of the company for an initial cash consideration of £27 million.
Commcise offers a cloud-based research commission management, evaluation and accounting solution targeting asset managers, brokers and independent research providers.
Matthew McLoughlin, head of trading, Liontrust Asset Management
Looking back on 2018 I think we can all agree that we achieved a great amount as an industry. That being said, I don’t see things slowing down in 2019. Brexit will obviously be in the headlines and will continue to take up a lot of resource on buy-side, sell-side and execution venues alike. Regulatory and political developments, particularly on periodic auctions, tick-size regimes, mid-point trading and SIs have the capacity to change market structure yet again in 2019.
For much of the past 12 mont
The EU financial regulator has moved forward with plans to amend the tick size regime under MiFID II to combat concerns