John Lothian News speaks with Born’s Derek Haworth on MiFID II Requirements

Category: News Post Date: June 18, 2018

John Lothian News speaks with Born’s Derek Haworth on MiFID II Requirements

CEO Derek Haworth speaks with John Lothian News at FIA’s IDX Conference.

While MiFID II was implemented in January 2018, market participants are still working to get adequately prepared. Certain aspects of the regulation, such as unbundling, were widely understood, but MiFID II’s RTS 6 obligation might have some firms still adjusting. RTS 6 requires that firms engaging in direct electronic access (DEA) or algorithmic trading monitor their activities and markets in real-time for “disorderly trading.”  Watch the video, as our own CEO Derek Haworth talks with John Lothian News about some of these challenges stemming from MiFID II.