Archive for: October, 2007
John Cant - MPI Europe Ltd - London | 31/10/2007 | 2651 views
I think this direct quote from one of the template MiFID letters being sent by clients to their brokers is a slight understatement! With only a few hours to go before the MiFID gun fires, a massive paperchase is still underway in financial institutions around Europe and beyond. Scanned versions of consent forms with hand written updates are floodin...
Tags: Trade execution, Post-trade & ops
John Cant - MPI Europe Ltd - London | 28/10/2007 | 3247 views
As I write this blog, teams across the UK are putting their final MiFID changes into systems ready for M-Day this week. Although MiFID is a Europe wide regulation - I say across the UK deliberately. Whilst the likely impact of MiFID has been compared to Big Bang, the implementation of it has essentially become phased - although not by design - due ...
Tags: Dealing rooms, Wholesale banking
Cornelius Nandyal - Hexaware - Frankfurt | 12/10/2007 | 1640 views | 1 comment
Best execution is one of the most critical challenges in trade order management, as we all know. It involves a lot of steps including prioritisation of factors, analysis and selection of execution venues, linkage to execution venues, creation of best execution policy, execution of orders, periodic review of factors and venues.
The challenge her...
Tags: Dealing rooms, Trade execution