Trax and Bats link up for MiFID II trade reporting
Trax APA users will have the choice to direct equity trades to Bats APA for post-trade reporting.
Open Trading platform continues to gain traction globally as average daily volume grew 56% in the first quarter.
Integration aims to simplify trade transaction reporting under EMIR, MiFID and MiFID II.
Trax will begin testing for transaction reporting under MiFID II with the FCA as of summer this year.
Bruce Repasy joins MarketAxess in newly created role, global head of product engineering.
Christopher Roupie joins MarketAxess as head of Europe and Asia.
Richard Ketchum served as chief executive officer and chairman at FINRA from 2009 until last year.
Full-year trading volumes reached $1.3 trillion in 2016, as CEO says growth was driven by market share gains.
Trax adds to suite of regulatory tools with launch of Insight+.