REGISTER NOW – CLICK HERE TO REGISTER TO ATTEND THIS EVENT
DATE: 4 MARCH 2021 / TIME: 17:00 – 18:00 GMT
VENUE: Zoom meeting – link to be provided to confirmed registrants
ACI UK invites you to join our timely and important discussion on the impacts of potential regulatory and FX Global Code refinements relating to algorithmic trading. Stephane Malrait, Chair of ACI’s global FX Committee will moderate this discussion and will be joined by Asif Razaq, BNPP; Christian Gressel, UBS and Rich Turner, Insight Investment who will offer their own perspectives. Other speakers to be announced.
European Securities and Markets Authority (ESMA), EU’s securities markets regulator, launched a consultation in December 2020 seeking input on the impact of requirements under MiFID II/MiFIR regarding algorithmic trading, including high-frequency algorithmic trading.(due 12/3/21)
In January this year, the GXFC Working Group on Algorithmic Trading and Transaction Cost Analysis (TCA) set out four areas of focus in the context of ongoing Global Code review:
• TCA and data availability:
• Control mechanisms and liability around use of execution algorithms
• dentifying and managing conflicts of interest by Market Participants providing algorithmic trading services
• Improving disclosures and user education in the context of on-going review of the FX Global Code.
Join us on 4 March to hear from front line market experts on proposed regulatory and governance changes to algorithmic trading and the potential impact of these on market participants.