Fees
Mifid Data Runs Aground with Issues at European Regulators
Glitches and halts mark first few weeks of transparency requirements at systems operated by regulators.
DSB Increases Fees as User Numbers Grow
London-based DSB, the global utility for ISINs, raises fees for current user contracts through 2018.
Esma Warns Credit Rating Agencies Over Fees
Report says credit rating agencies are not providing enough clarity on the fees they charge.
TRG Debuts Index Commission Management in FITS
The new module arose from a "groundswell" of demand from clients to manage their index costs alongside the costs of index data.
Big Tech Has a Big Hill to Climb Before Disrupting Asset Managers
While asset management doesn’t have anywhere near the same level of regulatory oversight as investment banking or consumer retail banking, the winds of change are blowing.
Peeling Back European Regulations in 2018: What to Expect Next Year
Waters runs through the key facts you need to know about Mifid II, GDPR, BMR and Brexit.
Big Tech May Take a Bite out of Asset Management
Asset managers could find themselves disrupted by technology companies in the near future, a study finds.
ANNA DSB Faces Industry Concerns Over ISINs for OTC Derivatives
Licensing and user agreements surrounding ANNA's service burea for OTC derivative ISIN numbers have sparked fireworks over recent months as the service goes live ahead of Mifid II. Joanne Faulkner investigates.
Axon Raises Curtain on Second ACT
Axon's new ACT tool will provide speedier and more accessible data on a firm's application data usage, as well as—when used with its PEAR tool—helping to understand the cost impact of exchange policy changes.
Esma Gains Sweeping New Powers in Commission Review
MEP Markus Ferber tells Waters that this change “must not mean that the ESAs can do what they want to just because they get more money,” and that the ESG provisions are “a non-starter”.
Power to the People: Will MiFID II Data Disaggregation Deliver on Cost Control Promises?
MiFID II’s data disaggregation requirements aim to reduce data costs by forcing marketplaces to unbundle datasets and sell consumers only the specific data they need. But in reality, this seemingly simple and cost-reducing idea could make buying and…
Firms Drag Heels on MiFID II Research Rulebook Rewrite
MiFID II’s ban on broker-subsidized free research will leave sell-side firms with a multitude of challenges—not least how to price research so as not to lose customers who might direct trading elsewhere, without appearing to incentivize clients to trade…
Euronext Takes Stake in LCH’s French Clearinghouse
European exchange group Euronext has signed a deal for clearing services with LCH, scuppering a previous agreement with ICE
Thomson Reuters Deepens Redi-Eikon Integration
Buy-side users get access to Eikon’s pre-trade content and functionality through the Redi EMS.
Tech Investment Could Help UK Asset Managers Meet FCA's Calls for Sweeping Changes
Markets watchdog releases blistering criticisms of client charges and proposes all-in fee
Burton-Taylor: ICE’s IDC Acquisition Drives Record Exchange Data Revenues
Minus the impact of Interactive Data's acquisition, the underlying increases in exchange data revenues overall show no sign of slowing.
TickSmith Unveils Marketplace Analysis Tool
The new module enables market participants and exchanges to determine their performance and share of liquidity against other trading firms and exchanges.
LSE Postpones Introduction of Delayed Data Fees
The fees could have added thousands of pounds to spend by firms that consume delayed data, which is generally provided free of charge.
ANNA Opens Consultation on ISIN Fee Model
Agency invites public comment on how its bureau will charge for ISINs for OTC derivatives, will provide more information via webcast
A Very Data Christmas Carol: Silent Night
Max delivers his rundown of the top themes of the year... in verse!
LME Waives Data Fees for Reference Price Usage
Following "significant engagement" with users, LME has introduced an exception to its policy that those who do not contribute to pricing should pay for data.
BATS Inks Index Data Distribution Deals
The exchange aims for its commercial policies to position its indexes against long-established incumbent providers.
Morningstar Makes Indexes Free for Benchmarking
Members of the project's advisory council say indexes are a top-five data cost, yet factors such as switching costs and brand recognition deter them from changing suppliers.
BATS Readies MiFID 2-Compliant Data Policy
BATS Europe will offer two commercial policies for its data──its existing policy, and one designed to help firms affordably meet the requirements of MiFID 2.