Jefferies Fixed Income SI Operating

Systematic Internaliser has launched before September deadline.

Jefferies announced that as of January 3, 2018, the firm’s Fixed Income business has been operating as a Systematic Internaliser (“SI”) in bonds, ahead of the September 2018 deadline.

MiFID firms transacting with Jefferies’ European entity, Jefferies International Ltd, will do so with its SI platform, on eligible securities.

“As a client-led firm, Jefferies’ desire is to partner with clients in the post-MiFID II world providing seamless access to markets and liquidity in an effective MiFID-compliant environment,” said Fred Orlan, Global Head of Fixed Income at Jefferies.

Jefferies, the world’s only independent full-service global investment banking firm focused on serving clients for over 50 years, is a leader in providing insight, expertise and execution to investors, companies and governments. Our firm provides a full range of investment banking, sales, trading, research and strategy across the spectrum of equities, fixed income and foreign exchange, as well as wealth management, in the Americas, Europe and Asia. Jefferies Group LLC is a wholly-owned subsidiary of Leucadia National Corporation (NYSE: LUK), a diversified holding company.

Source: Jefferies


(Visited 1 times, 1 visits today)

(Visited 1 times, 1 visits today)

Related articles

  1. Lack of a consolidated tape and cost of market data were raised.

  2. European CSA Usage to Expand Ahead of MiFID II

    Only 37% of UCITS funds are sold in more than three EU member states.

  3. Fixed Income Liquidity to Become More Centralized

    Six-month trading suspensions come into force on Monday.

  4. Securities Brokers Heart Fintech

    The Commission wants Europe to become a global hub for fintech.

  5. Stifel’s ‘SWIM’ pool searches and interacts with retail electronic orders.