MIFID 2 and MIFIR

Trapets take on the upcoming regulations and its’ implications for the finance industry

In the beginning of next year, the updated MiFID2 and MiFIR will be implemented across Europe. With these new legislations comes a plethora of new and extended obligations for the participants of the financial markets. With our vast experience of transaction analysis, Trapets provides functionality to Investment firms, Venues and Competent authorities to ensure compliance within the following areas:

• Best Execution functionality for investment firms and venues
• Monitoring of algorithmic trading and market making, with real-time alerting functionality
• Order record keeping and Trade reconstruction including the handling of RFQs, Short code/Long code regime and integration to voice recording/chats

Our White Paper on MiFID2 and MiFIR provides a more detailed description of Trapets’ solution offerings within the areas stated above.