Category: Regulation

A Match Made in Heaven? The Growing Importance of Systematic Internalisation

It’s easy, and perhaps convenient, to forget the mad scramble to be ready for MiFID II. Many firms struggled to interpret the operational implications of the 1.7 million paragraphs of text, turn them into policy and assess their potential business impact. The ‘day 1’ priority was just getting compliant with the new regime, and few […]

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Trading Nodes

Fluid Dynamics – the evolving shape of European market liquidity

Nearly 2 years after the implementation of MiFID II, the equity market landscape is now taking shape. What was initially a race to be compliant has rapidly morphed to a battle of who can evolve their business models to take advantage of the new market structure and behaviour.

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Three things learned in Reykjavik

Last week our Executive Chairman, Kevin Houstoun, was invited to participate in “The Regulation and Operation of Modern Financial Markets”conference, hosted by the University of Iceland in Reykjavik. Held in cooperation with the London School of Economic Systemic Risk Center, where Kevin is a research associate, the event brought together leading academics, regulators and central […]

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