Remove 2018 Remove Broker Remove Bulge Bracket
article thumbnail

Challenges for the buy-side and research providers become a reality as SEC allows ‘no-action’ research letter to lapse

The TRADE

Following the implementation of Mifid II in 2018, Europe unbundled trading and research, resulting in all asset managers having to pay for research in cash only. A solution that some bulge bracket firms have opted for. Solutions will depend on who you are, where your offices are and where your clients are located. “If

article thumbnail

The 20 greatest trading innovations

The TRADE

Usually hosted by bulge bracket banks, SIs are an internalising mechanism that allow banks to execute flow over the counter or off exchange. The quasi-dark venues properly took off in 2018 with the introduction of Mifid II and greater restrictions on dark trading.

Trading 120