The global permeation of MiFID II will be a three- to five-year process, exec says.
MiFID II has not delivered on its objective to reduce the cost of market data.
Origin is aiming to automate the bond issuance process.
Electronic FX trading has increased as customers want price transparency and an automated workflow.
The deal further strengthens Euronext in the Nordics after acquisition of Oslo Børs VPS.
Seven years post-Sandy, a viable BCP and geographic data diversity are critical, Abacus says.
The firm turned to the platform to support its multi-asset class trading.
Securities did not have to be physically moved between collateral agents.
Fixed income asset managers need to adapt the way they trade derivatives under new regulations.