The TRADE 52 | Page 82

[ F I N A L T H O U G H T S | H AY L E Y M C D O W E L L ] The Hayley Mail An event-full year cont. T he TRADE’s event calendar has been a busy one so far this year, with more attendees, sponsors and speakers than ever before (and even T  he sell-side remains un- sure - and even fearful - on how to price research, despite MiFID II’s unbundling requirements just months away now. FinTech Innovation for the Buy-side, London, May The buy-side were warned EU authorities will likely hand out fines for failing to report transactions accurately and correctly, with cur- rent quality of reporting leaving much room for improvement. The Future of Post-Trade, London, May MiFID II will have a global impact, although research unbundling rules were tipped to have the most significant 82 TheTrade a guest appearance from an MEP). The events were established to ed- ucate the buy-side, but also any oth- er market participants on challeng- impact on both sides of the Atlantic Ocean. MiFID II Pop-up Event: What US Investors Need to Know, New York, March Technology will not replace traders in the future, but it will be a combination of both as technology automates processes for the human trader. FinTech Innovation for the Buy-side, London, May  ay Swinburne, MEP, K told an audience she was made aware of banks plotting to network systematic internalisers together to enable them to effectively act much like broker crossing networks. Summer 2017 es ahead of regulatory changes like MiFID II. Below are The TRADE’s top ten takeaways from our events so far this year… MiFID II pop-up event, London, February Firms globally will likely adopt best execution pol- icies as a new standard to bring them in line with European regulation. MiFID II Pop-up Event: What US Investors Need to Know, New York, March A  rtificial intelligence has the promise to revolutionise the way buy-side desk operate, causing vast improve- ments across execution performance. FinTech Innovation for the Buy-side, London, May T  he majority of buy-side firms (63%) will com- bine in-house technol- ogy with solutions from third-party vendors to meet MiFID II reporting requirements, according to a delegate poll. The Future of Post-Trade, London, May T  he systematic internal- iser regime is more prob- lematic for non-equity market participants and many firms are largely ignorant of how it will affect their businesses. MiFID II pop-up event, London, February M  iFID II could see more fragmentation and diminishing liquidity, meaning best execution will become harder to achieve. MiFID II Pop-up Event: What US Investors Need to Know, New York, March