Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. (MUMSS) has been fined and penalized on charges that it used spoofing tactics while engaging in the proprietary trading of Japanese government bond futures, which it will have to suspend from Oct. 9 to Oct 11 as a disciplinary measure. The actions were taken by the Osaka Exchange… Read More >>
FlexTrade, SmartStream Take On MiFID II
FlexTrade Integrates SmartStream RDU for MiFID II FlexTrade and SmartStream report the integration of SmartStream’s reference data utility (RDU) with FlexTrade’s execution management system (EMS). The integration “offers mutual clients the ability to embed SmartStream RDU’s Systematic Internaliser (SI) registry information directly into the send order ticket, providing … clarity on counterparty SI status, prior… Read More >>
