January 3, 2018 London – TradingScreen the leading, broker neutral multi-asset class Execution Management System (EMS) was pleased to close out the first day of trading under MiFID II guidelines without issue.
By: Chris Hollands, Head of Sales, EMEA
As our PTP enabled (Precision Time Protocol) enabled clocks now accurately tell us down to the millisecond, MiFID II is less than a month away. There have already been a plethora of articles and white papers on the new ESMA regulations and their implications, as the lawyers and the consultants have clearly been having a field day, but now, as we come down to the wire, what are the considerations and solutions that the buy side can put in place to ensure MiFID II compliance and industry best practice?
By Quentin Limouzi, Chief Revenue Officer, TS
When it comes to trading, the buyside has no shortage of challenges. To be able to keep up amid volatility, scarce and fragmented liquidity, and rising passive inflows, traders need smarter workflows. They need a high-powered execution management system (EMS) that serves as a singular access point for connecting to global markets and trading partners, consolidates and aggregates data to ensure best pricing, and offers reporting tools for regulatory compliance. Above all, this EMS must offer quick and seamless deployment and integration with any existing trading system.
TradeSmart EMS a multi-asset SaaS deployed trading solution received the highest honor at The TRADE’s annual Leaders in Trading awards dinner. Named “Overall Outperforming EMS” a peer designated distinction given to the firm, which beat the survey average by an impressive 207 basis points. TS ranked “category outperformer” in 10 out of 13 categories including breadth of asset class coverage, breadth of direct connections to venues, product development and ease of integration to internal systems.
eFX company adopts and implements GCC principles
BidFX has focused on aligning its practices to meet and adhere to the requirements. BidFX is proud to announce they have formally committed to the code, making them one of the few early adopters in the industry.
Volumes on TradingScreen’s newly spun-off FX platform have already doubled in size, even as parts of the market have contracted over the same time.
We are very excited to welcome OTAS analytics as the newest member to integrate with TradeSmart OEMS as part of the TS Partners Program. Through this integration, users will now be able to optimize their positions in real-time for an added richness and depth delivered with the most robust financial market analytics available.
Check out our MiFID II capabilities HERE.
Head of European Sales Chris Hollands was interviewed by THE TRADE magazine. Read the interview. The buy-side is going to need more tech solutions to cope with MiFID II. Chris Hollands discusses how TradeSmart OEMS provides robust execution and liquidity management as well as reporting tools essential to record-keeping and transparency.