Bats Europe’s BXTR Expands MiFID II Solution for Buy-Side Trade Reporting

[kreslik.news]

Bats Europe, a CBOE Holdings company and Europe’s largest equities exchange, has expanded its trade reporting facility, BXTR, extending a new offering for groups to meet their MiFID II regulatory obligations ahead of its introduction in January 2018.

BXTR’s new service will help cater to buy-side firms in anticipation of their shifting obligations. Many firms have begun transitioning towards MiFID II, causing a growing demand for such offerings and solutions.

New Regulatory Playing Field

Under the upcoming MiFID II requirements, investment firms will be forced to report their trades when they transact on an over-the-counter (OTC) basis. An investment firm category can include ... (read more)