A look back at the future
A look back at the future
MiFID II mandates the time-stamping and storage of many essential steps of the transaction lifecycle of an order, across all systems, asset-classes and activities. Aside from its intended use as a source of forensic surveillance data, for the first time ever, relational business calculations and cross-platform metrics will be available in abundance.
This series of articles for Accedian, starting before the initial ESMA RTS’s were even published, chronicles the industry’s journey through the rules around Article 50’s Clock Syncronisation requirements over the last 2 years.
Part One – Time is of the Essence
Time is of the Essence article 210915
Part Two – The only Reason for Time
The only reason for time 161115
Part Three – White Knight or White Elephant
Accedian Article Part 3 MiFID timestamping white knight or elephant v4
Part Four – There are no secrets that time does not reveal
Article 4 – There are no secrets that time does not reveal
This article was also featured in The Economist Magazine
Request the full paper