Firm intends to be a Systematic Internaliser after MiFID II begins.
Firm intends to be a Systematic Internaliser after MiFID II begins.
ETFs can be a liquidity alternative to often illiquid cash markets.
MiFID II moves trading in liquid derivatives onto regulated venues.
US and EU entities may be unable to trade some derivatives in January without a decision.
New market structure will allow personalised trading experiences.
A decision on mutual recognition of authorised venues is due in November.
The frequent transparent auctions complement existing trading mechanisms.
13 systematic internalisers received market identifier codes last month.
Trading for liquid bonds could eventually move entirely to central limit order books.
