Originally published in A-Team Insight By David Griffiths, Director of Regulatory Affairs, Eventus Systems The journey into the world of trading digital assets is underway but differing regulatory regimes and a lack of technology standards remain a challenge. A recent A-Team Group webinar with representatives from Archax, R3 and Eventus provided insight into the ‘The […]
The Market Prepares for Trading Digital Assets Read More »
Connecting the Dots – Surveillance Risk Assessments in Harmony with Your Market Abuse Solution Originally published in Markets Media By: Martin Appiah Compliance with market abuse regulation goes beyond adhering to a set of prescriptive requirements, according to regulators. A dynamic and proactive approach is needed, and by combining risk assessments with adaptable systems and
Connecting the Dots – Surveillance Risk Assessments and Market Abuse Solutions Read More »
Originally published in Markets Media Algo trading has grown increasingly complex over the last decade. In 2007, the Markets in Financial Instruments Directive (MiFID) permitted competition with the national stock exchanges who had previously monopolised equity trading. As venues proliferated, smart order routers and dark pool algorithms were introduced in the region to navigate the
ESMA Moves to Tighten Up Algo Surveillance Read More »
By: Martin Appiah, Director of Regulatory Affairs, EMEA The European Securities and Markets Authority (ESMA) recently published a MiFID II Review Report on algorithmic trading, which heralds significant changes. This white paper summarises the review report’s likely impact on market abuse systems and controls and the general outcome of the ever-evolving interplay between algorithms and
Keeping a Watchful Eye on Algo Trading White Paper Read More »
Originally published in A-Team Insight By Joseph Schifano, Global Head of Regulatory Affairs, Eventus Systems. Buy or build? It’s a question that has long vexed capital markets firms, especially given the rapid evolution of electronic trading and the technological complexity that has come with it. Individual circumstances will vary, but between the numerous vendors and
Buy or Build? For Trade Surveillance, It’s Now Time to Decide Read More »
On September 28, 2021, the European Securities and Markets Authority (ESMA) released the “MiFID II/MiFIR Review Report on Algorithmic Trading.” While there were no fundamental issues uncovered by the report – and the regulatory regime for algorithmic trading as set out in MiFID II and MiFIR has for the most part delivered its objectives –
ESMA Algorithmic Trading Recommendations You Should Know About Read More »
Originally published in Markets Media Broker-dealers, proprietary trading firms and exchange operators have more closely monitored the equity trading within their four walls for a number of years, as per regulatory mandates and their own strong desire to stay out of the headlines that bedeviled the industry during the global financial crisis of 2008-2009. This
Equities Market Surveillance in Focus Read More »
Originally published in Traders Magazine The rise of bitcoin, ether and other cryptocurrencies has challenged market infrastructure and technology providers to enable digital-asset trading with the same efficiency, reliability, and speed as they do for traditional asset classes such as equities, options and fixed income. And where there are trades in a regulated marketplace in
Trade Surveillance Experts Seek to Bridge Traditional-Digital Asset Divide Read More »
Originally published in TabbFORUM On Thursday, Security Traders Association continued its 88th Annual Market Structure Conference in Washington, D.C, dubbed “The Great Return.” Highlights from Day Two included sessions featuring industry leaders like NYSE Group President Stacey Cunningham, former CFTC Chairman J. Chris Giancarlo, MayStreet Chief Policy Officer Manisha Kimmel and others who offered their
The Asia NFTs & DeFi Conference aiming to build a platform for NFTs & DeFi innovation and business exchanges connecting the Asia-Pacific and global markets. The conference gathers the world’s most authoritative leaders of NFTs & DeFi, the most far-sighted international investors, emerging startups with the most potential and the most disruptive creators to
