ULLINK has smart solution to best execution demands
ULLINK, a provider of global transactional solutions for the financial community, has announced that SEB has selected its UL Smart solution to address the best execution requirements in the Markets in Financial Instruments Directive (Mifid).
In order to be Mifid-compliant, SEB has decided to complement its existing trading environment with the UL Smart, ULLINK’s best execution engine.
Fast implementation and easy integration are key advantages of this new module. Customers add the module to their existing environment to meet Mifid or Reg NMS best execution requirements. As a single-process module embedded in the UL Bridge, the UL Smart makes decisions using real-time data from multiple sources, and routes orders according to user-defined best execution policies. Brokers use a graphical Best Execution Policy Designer to create custom policies that meet their customers’ expectations.
More on Infrastructure
US regulatory concerns about liquidity of government securities collateral could be resolved by access to the Fed’s discount window, CCP officials say
High-frequency traders have been viewed with suspicion for some time. Now critics claim exchanges are conspiring with the traders to develop tools that benefit them and disadvantage ordinary investo...
The benefits of local trade repositories outweigh the possible disadvantages of multiple reporting requirements, says executive director of HKMA’s financial infrastructure unit
Sign up for Risk.net email alerts
Oxford professor David Vines argues that the carrot is as important as the stick
Sponsored webinar: IBM
Watch highlights of this year's London conference
Operational risk and the challenges of defining and dealing with conduct risk
There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.