EMIR Data Quality Is Now A Regulator Focus
Since the introduction of transaction reporting, firms have spent significant proportions of their compliance budget on the initial implementation and ongoing technological solutions to ensure transactions are being reported to the regulators correctly and on-time.
Best Execution Best Practices
At its core, best execution is about outlining a set of rules and practices that require authorised financial services firms to seek the best possible result for their clients when executing their orders. The factors that need to be monitored encompass more than just price.
Payment for Order Flow (PFOF)
PFOF is a form of compensation that a brokerage firm receives for directing orders for trade execution to a particular market maker or exchange. Wholesale market makers have leveraged the almost exclusive use of electronic trading by retail investors to pay brokerages for the right to execute orders coming from their clients.