Dark volume has surged since the lifting of MiFID II volume-cap suspensions.
Technology is a value-add, rather than a job-subtract, for humans.
Greenwich Associates says takeaway is that Congress should set the policy, and the SEC should make the rules.
The question is about roles and responsibilities in stressed markets.
China will also be added to a watch list for possible inclusion in FTSE’s global bond indexes.
OneChronos eyes distributed architecture, hyper-accurate timestamps, and auctions.
Moving from microseconds to nanoseconds is no mean feat.
There were concerns SIs would have an advantage under MiFID II.
A new dashboard responds to ESMA updates to MiFID II calculations.