Implementation Of MiFID II Testing Requirements

Implementation Of MiFID II Testing Requirements

Article by Matthias Burghardt, Head of Xitaro Exchange System Development, Boerse Stuttgart Boerse Stuttgart is approaching the last quarter of a two-year Markets in Financial Instruments Directive (MiFID) II project which is dominated by development and testing activities. MiFID II requires trading venues and investment firms to implement substantial changes in existing processes and technology. »

Fidessa heralds “new phase of recovery” in markets

Fidessa, the London-listed trading and data systems vendor, says that regulatory changes such as the 2018 implementation of MiFID II in Europe and the planned Consolidated Audit Trail in the US will help offset the “increased headwind” of consolidation and closures among the company’s customer base this year. Announcing 2016 preliminary results and a 9% »

LSE teams with Kaizen for MiFID trade data testing

The London Stock Exchange Group (LSEG) has struck a deal with Kaizen Reporting, a firm offering regulatory compliance products, to deliver Kaizen’s ReportShield quality assurance service through UnaVista, the exchange’s global platform for matching, validation and reconciliation services. In particular, the LSEG said, ReportShield will test the transaction reports firms have to deliver to th... »


SQS partners with TraderServe for MiFID algo testing

SQS, the London-listed software quality specialists, has partnered with trading software specialist TraderServe, to provide investment firms with a test service for compliance with sweeping new MiFID II rules regulating algorithmic trading. Although the deadline for the implementation of MifID II has been delayed for a year until the start of 2018, SQS and TraderServe »