Neptune Anticipates Increased Buy-Side Partners Ahead of MiFID II

[kreslik.news]

Neptune, the open standards network for pre-trade indications in bond markets, has said that looming best execution requirements under MiFID II will help it increase the number of buyside participants on its fixed income pricing platform in 2017, according to a Reuters report.

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Neptune has 17 dealers live on the network and expects that number to be increased to 21 by the end of the first quarter.

According to Byron Cooper-Fogarty, who heads up sales for Neptune Networks, the banks that have already committed account for around ... (read more)