Thomson Reuters launches MiFID II-ready solution

Thomson Reuters has introduced APA Connectivity, a solution to comply with trade reporting requirements for Approved Publisher Arrangements (APAs) under MiFID II, which will be implemented on January 3, 2018.

MiFID II requires companies to publish pre- and post-trade data to at least one APA, which will lead to a significant increase in reporting obligations. Thomson Reuters will offer connectivity to the Tradeweb, TradeEcho and BATS APA Services.

“MiFID II’s publication and transparency requirements add another burden of challenges on both data management and resources in the financial services industry,” said Brennan Carley, global head of Enterprise Products and Propositions, Thomson Reuters.

Thomson Reuters has parnered with VisibleAlpha and Eikon to assist in compliance for research unbundling; collaborated with Tradeweb for APA services; and carried out enhancements to its Tick History feed.

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