Cinnober subsidiary Simplitium delivers new MiFID II service for trading venues
FacilitEx™ helps MTFs and OTFs meet their transparency obligations under the new regulationSimplitium™, a wholly owned subsidiary of Cinnober and financial services transparency specialist, today announced the delivery of FacilitEx. This is a new service offering that helps trading venues meet their transparency obligations under European regulation MiFID II. In accordance with MiFID II, trading venues are required to make current pre-trade information available to the public. This includes bid and offer prices, as well as the depth of trading interest at those prices depending on the