FCA Fines Sigma Broking £1.09M for Years of Transaction Reporting Failures
Date of Notice: 29 July 2025 Reporting Failures: 924,584 transactions Period: 1 December 2018 – 1 December 2023 MiFIR Breach:…
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Eliminate Trade Reporting Threats for Inaccurate Submissions
In March 2019, the Financial Conduct Authority (FCA) of the United Kingdom issued substantial fines to two large banks—Wall Street…
Read moreBrexit and MiFID
It would be easy to forget the significant impact Brexit will have on transaction reporting, but Market Watch 64 clearly…
Read moreESMA List of third-country trading venues
ESMA Opinion and Determination of third-country trading venues for the purpose of transparency under MiFID II/MiFIR List of third-country trading…
Read moreESMA in 2020
SFTR: What is ESMA’s Role in 2020? The Securities Financing Transaction Regulation (SFTR) went into effect in April 2019. Now…
Read moreWhy Everyone is Talking About MiFID II / MiFIR
It’s no secret that the European financial market has experienced serious turmoil and reform in the last five years. With…
Read moreEMIR vs. MiFID: What is the Difference?
The European financial market has been through significant regulatory changes in the last decade—namely the enactment of Markets in Financial…
Read morePoint Nine Chosen by InterTrader for Reporting & Regulatory
Cyprus, July 23, 2018 – One of the industry leaders in financial technology, Point Nine, has partnered with InterTrader to provide…
Read moreESMA Systematic Internalisers (SI)
Systematic internalisers (SIs) are investment firms which, on an organised, frequent, systematic and substantial basis, deal on own account by…
Read moreESMA Regulated Markets (RM)
Regulated Market (RM) – A multilateral system ran and/ or managed by a market operator subject to enhanced government requirements,…
Read moreESMA Approved Publication Arrangement (APA)
Approved publication arrangement (APA) is a person authorised under the provisions established in the MIFID II Directive to provide the…
Read moreESMA Approved Reporting Mechanism (ARM)
Approved Reporting Mechanism (ARM) means a person authorised under the provisions established in the MiFID II Directive to provide the…
Read moreESMA Investment Firms (IF)
The Omnibus Directive requires ESMA to establish a list of all investment firms in the European Union. The Registries database…
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