TRADEcho launches MiFID II Smart Report Router
Boat Services and London Stock Exchange’s TRADEcho service opens its innovative open access Smart Report Router (SRR) bringing choice to the market placeMiFID II brings many challenges to buy and sell-side investment firms, not least, the requirement to publish trades to the market as close to real time as possible. The Smart Report Router determines if and when the buy or sell side counterparty should publish the trade, and where there is a requirement it routes that trade to an Approved Publication Arrangement (APA) of choice for publication. The SRR is APA agnostic allowing firms to