Ex-LMAX Staff Launch TransFICC as UK-based Tech Provider
Posted: Wed Mar 09, 2016 4:01 pm
According to an announcement shared on the company’s LinkedIn page, TransFICC has been launched with FX Industry veteran Steve Toland as one of the venture’s founders and who is spearheading the effort that will support Fixed Income and Derivatives Markets related technology as well as RegTech needs related to January 2018 MiFID II regulatory changes.
In addition, the press release described that TransFICC will provide solutions to aid market data throughput and address market fragmentation issues for buy-side market participants in fixed income and derivatives markets, where over nearly a hundred venues could be potential customers.
Products under development
The effort ... (read more)