Worldline and Conduent to build new ticketing system for Paris transport
Consortium had to link 14 different systems together.
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Paris
Banking Technology February 2018 issue out now
Vision dreams of passion. And all the while I think of fintech.
MiFID II will prevent traders doing their job, TradeTech delegates told
The European Commission’s MiFID II legislation is a poorly thought-out, arbitrary and unclear piece of rulemaking that will prevent traders from being able to do their job. Worse still, a lack of clarity over the final details will inflict uncertainty and cost on market participants from now until 2017, according to delegates at TradeTech Paris this week.
Specialisation “resonates” with traders as competition pressures mount
Banks and asset managers are being forced to learn to live in a world of greater specialisation, as unbundling of research and execution drives greater competitive pressure on costs. That is probably a good thing – but it will take the buy-side and the sell side in different directions, according to senior executives speaking at the TradeTech conference in Paris this week.
MiFID II headache intensifies as ESMA deadline draws near
MiFID II could cause serious problems for banks, brokers and other market participants in the run up to the January 2017 implementation, according to executives attending a meeting chaired by the European Securities Markets Authority in Paris earlier this week.
Euronext launches foreign open-ended funds in Paris
European exchange group Euronext is planning to begin trading active open-end funds on its Paris market following a legislative decree in France allowing the funds to be traded on exchanges or MTFs.
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