Browsing: Commissions


European Equities Volumes Flat in First Half of 2016 According To Markit

European cash equity trading volumes were roughly flat in the first half of 2016 compared to the same period in 2015 according to Markit MSA, which collects trade data from ...
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US Department Of Labor Proposes Elimination Of Soft Dollar Disclosure

The US Department of Labor (DOL) will no longer require pension funds to disclose soft dollar expenses incurred by asset managers under a new proposal from the regulator.  The move ...
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The New Research-Less ITG Sees Research As Loser In Unbundled World

During its second quarter earnings call yesterday, execution broker ITG outlined its new strategic plan under new management.  Having divested all its research capabilities, it is investing heavily in technology ...
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Former MKM Partners Commission Management Head Moves To Fintech

The former head of commission management for MKM Partners, John McGough, has joined Castine Consulting, a software firm offering commission management tools, along with other fintech products.  MKM Partners hired ...
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US Brokers Ponder Whether To Seek Regulatory Clearance To Accept Cash Payments For Research

We are hearing from various sources that the US securities industry trade association, SIFMA, held a meeting last week to discuss whether to approach the US Securities and Exchange Commission ...
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Polls Show London Buy-Side Increasingly Paying For Research From Own Wallet

Two Bloomberg polls taken less than four months apart highlight how strongly asset manager sentiment in London has shifted from funding research with client commissions to paying for research from ...

US Equity Commissions Fell Slightly According To Latest Greenwich Survey

US equity commissions fell 1% for the 12 months ended mid-February 2016, according to the latest Greenwich Associates’ North American Equity survey.  Commissions fell to an estimated $9.65 billion for ...
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Will Brexit Derail MiFID II In UK?

Now that the UK has voted to leave the European Union, will UK-based asset managers be exempted from implementing the MiFID II provisions unbundling research payments from execution?  The answer ...

Commcise and Fidessa Partner Solution To Make CSAs Viable For MiFID II

Commission management software provider Commcise has partnered with trading systems provider Fidessa group to facilitate the use of commission sharing agreements (CSAs) to implement newly required Research Payment Accounts mandated ...
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French Regulators Seek To Be First To Interpret MiFID II Delegated Acts

French regulators attending a recent conference in Paris said they intend to release a consultation document on research payment reforms under MiFID II this summer, before UK regulators release their ...
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