smartTrade announces MiFID II solutions | Financial Industry & Algorithmic Trading News

David Vincent, smartTrade Technologies

David Vincent, smartTrade Technologies

smartTrade Technologies, a provider of
multi-asset electronic trading solutions, said it has been
working with a number of institutions on MiFIR/MiFID II
implementations.

smartTrade provides a cross-asset single-dealer
platform supporting both FX and Fixed income instruments,
including derivatives. The platform allows users to visualize key
regulatory information based on dynamic rules and can be
integrated with upstream and downstream sources, such as a
pricing engine, internal website or Approved Public Arrangement
(APA) provider.

For Best Execution and Transaction reporting,
smartTrade’s clients can leverage the smartAnalytics solution.
This solution addresses big data analytics requirements,
facilitating the storage of all trading information (quotes,
RFQs, orders and trades, including intermediate states) as well
as generating business and regulatory reports.

The smartTrade MiFID II solutions can be
delivered as a fully hosted and managed certified platform, as
well as software only. The hosted option reduces time to market
and costs. It also meets algorithmic trading requirements, in
particular for high-frequency trading (HFT), such as microsecond
timestamping.

“Many financial firms have approached us looking
for a partner to help them get ready in time for MiFID II.” says
David Vincent, CEO of smartTrade Technologies. “With less than a
year to go, clients appreciate our regulatory expertise, proven
delivery record and our hosted and managed solution which allows
for a quick yet assured time to market.”

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