January 2018: Getting Your Bitcoin’s Worth

Financial firms spent a lot of last year focused on Mifid II compliance, but also clearly spent significant time following the ups and downs of cryptocurrencies - and assessing whether to invest in this new asset class.

max-bowie

There are two things that sparked my suspicions: first, the fact that so many market participants would have fallen short of complying that pan-European regulator the European Securities and Markets Authority needed to institute a six-month “grace period” for compliance with the Legal Entity Identifier requirements of the new rules; and second, Bitcoin.

Many are reporting 2017 as the year that cryptocurrencies came of age, gaining legitimacy and investor trust. I would suggest that in fact

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A tech revolution in an old-school industry: FX

FX is in a state of transition, as asset managers and financial firms explore modernizing their operating processes. But manual processes persist. MillTechFX’s Eric Huttman makes the case for doubling down on new technology and embracing automation to increase operational efficiency in FX.

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