To fill a MiFID II reporting gap, Ops vendor SmartStream via its Reference Data Utility (RDU) is working with Approved Publication Arrangements (APAs) to operate a Systematic Internalizer (SI) Registry. The SI chores of MiFID II kick in after a determination is made about the frequency and volume of transaction orders that a counterparty crosses… Read More >>
Markit, ISDA Move to Settle EU Probe
Markit, the U.K. data provider, and the International Swaps & Derivatives Association (ISDA), an industry trade group, have offered concessions in an effort to settle a European Union antitrust investigation into possible collusion in the credit default swaps (CDS) market, according to the European Commission. The Commission is seeking feedback from interested parties on the… Read More >>
