Gissing Offers Compliance Testing Service

BROMLEY, UK - Gissing Software, a UK provider of systems supporting market and reference data, plans on providing its clients with a mock testing service for its pre- and post-trade output handlers for MiFID compliance.

Mike Hill, marketing director at Gissing Software, says, "One of the big issues with MiFID is that nobody knows who the aggregators will be and where this data will be published and to whom." He goes on to say that if the market moves towards the expected MiFID deadline of

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Removal of Chevron spells t-r-o-u-b-l-e for the C-A-T

Citadel Securities and the American Securities Association are suing the SEC to limit the Consolidated Audit Trail, and their case may be aided by the removal of a key piece of the agency’s legislative power earlier this year.

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