Asset managers find it difficult to quantify what has previously not been quantified.
Industry committee gets term extension.
The self-improvement program tweaks enforcement and engagement practices.
Trading in auctions is expected to rise under MiFID II.
Cowen estimates at least 6 basis points saved per block trade, more for less liquid securities.
Regulators review ways to improve automation.
EU will add physically settled FX forwards to uncleared margin rules.
Investment managers have raised the bar on speed, security, and reliability.
Clients in US and Asia also want more transparency.