Our director, Sophie Gerber, is confirmed to speak at the iFX Expo in Hong Kong which runs from 26 to 28 January 2016. If you would like to sign up, you can visit the iFX website. Also feel free to contact us to discuss arranging a meeting in Hong Kong before, during or after the expo. Look forwarding to seeing you there!
Will a crackdown on PFOF stop brokers from hedging to related parties or taking a share in the book from their LPs?
PFOF triggered ESMA’s concerns on a few key MiFID II requirements, namely, best execution (Article 27), conflicts of interest (Article 23), inducements (Article 24(9)), and cost transparency (Article 24(4)). The purpose of these requirements are to protect retail investors.