Tradeweb Garners OTF Authorisation from FCA Ahead of MiFID II

[kreslik.news]

It is now just several weeks until the passage of MiFID II and firms are now in the final phase of preparing for the new regime on January 3, 2018. Ahead of the deadline, Tradeweb has become the latest venue to receive Organised Trading Facility (OTF) authorization from the UK’s Financial Conduct Authority (FCA).

Tradeweb’s approval by the FCA to operate as an OTF is a noteworthy move for the group, which can now give its clients greater flexibility to choose the type of venue and execution method that suits their needs. OTFs constitute any facility that aggregates buying and selling ... (read more)