Reuters launches Mifid best execution software
Daily news headlines
LONDON – Reuters has launched two new products to demonstrate to firms their best execution policy before the Markets in Financial Instruments Directive (Mifid) implementation deadline this Thursday.
As M-Day approaches, the Transaction Cost Analysis Service allows firms to send their transaction data ad hoc or at irregular intervals, and receive feedback on the service provided to customers.
The second product, called DataScope Tick History On Demand, gives firms over-the-counter and exchange data to facilitate pre-trade and post-trade calculations, execution venue selection and best execution checks.
The system draws on international asset information over a five-year market history, including pricing data on sales, exchange qualification information and all other field-level information required by the new EU directive.
Emmanuel Doe, New York-based global business manager at Reuters Enterprise Information, says: “Reuters Tick History On Demand provides our clients with a solution that enables the quick and efficient verification of best execution compliance as required under Mifid.”
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Infrastructure
Derivatives
Inside Wells Fargo’s bid to take on big FX players
The third-largest US bank by assets plans to use big corporate flows to lure institutional clients
Receive this by email