Day 1 MiFID II: Seamless Implementation for TS Clients
TradingScreen the leading, broker neutral multi-asset class Execution Management System (EMS) was pleased to close out the first day of trading under MiFID II guidelines without issue.
“The TS team worked tirelessly to ensure January 3rd would be like any other trading day for TradeSmart EMS users. And I am pleased to report the efforts were not in vain.” said Quentin Limouzi, Chief Revenue Officer. “Our clients traded all asset classes across 185 MIFID II certified broker FIX connections, in 35 exchanges and destinations in Europe today – a robust start to 2018.”
Specific updates to the platform related to MiFID II included:
- recertification of the TS broker network to add in the relevant MiFID II tags
- availability of a T+0 Trade Reporting solution into APAs
- availability of a T+1 Transaction Reporting solution into ARMs
As the pioneer SaaS implemented EMS in 1999, TradeSmart has literally withstood the test of time. For nearly two decades TS has anticipated shifting market dynamics and refined their flagship offering to provide a highly connected neutral network with access to unrivaled liquidity and execution tools including sophisticated analytics, business intelligence and a suite of complex algorithms. The result: an EMS that delivers a seamless automated workflow for users.
For more information on TradeSmart MiFID II readiness:
The Dollar Milkshake Theory – Stress Testing the Potential Impact of a Sovereign Debt and Currency Crisis
Stress Tests play an important role in improving financial stability by enhancing market discipline and transparency. Here we consider the third example of these stresses based on current market conditions and show how the risk factors can be generated along with their relevant shock examples.
Since the start of the war in Ukraine, Western nations have imposed sanctions on many Russian individuals, businesses and state-run enterprises. Stress Tests play an important role in improving financial stability by enhancing market discipline and transparency.
Stress Tests play an important role in improving financial stability by enhancing market discipline and transparency. Clients leverage TS Imagine’s flexible and powerful risk engine to stress test a variety of specific scenarios. With Americans set to commence voting early next week, markets around the globe are watching carefully. Will the midterms disrupt the Democratic legislative agenda or tip in their favor? We ran two scenarios through our stress-testing engine, gaming the potential market impacts. Please note that these are hypothetical shocks and are not a prediction of any forthcoming events.