The colossal piece of legislation known as MiFID II and the role of innovative technology are two pivotal factors that are having a significant impact on OTC derivatives trading and market structure. MiFID II came into force on January 3, 2018 and represents a vast regulatory change that impacts trade requirements and has become a catalyst for change. An immediate result of this legislation is that it has kindled a surge in electronic trading as investors strive to meet the new requirements.

This opens an opportunity for market makers in that now there is an enlarged appetite for electronic trading from market takers. Market share will be there for the taking, but to succeed could mean using the type of advanced technologies that allow for faster access to information, faster decision-making, quicker insights and the ability to keep pace with, or outpace, competitors.

In this paper, we examine the role that MiFID and new technologies are playing in generating a measurable rise in electronic trading and the factors that impact market makers.

AUTHOR BIOGRAPHY

ROBERT GRAY, SALES MANAGER, EMEA, NUMERIX

Robert Gray is an OTC derivatives market expert at Numerix and a long-time industry veteran in the space. His career began in LIFFE trading for ten years in futures and options for Lehman, SGF (now ICAP) and Tullett, in addition to a brief stint on the IPE trading Brent Crude Oil. Following the end of pit trading, Mr. Gray began a sales career with roles at Standard and Poor’s, SuperDerivatives, Saxo Bank and CMC Markets across EMEA. Just prior to joining Numerix, Mr. Gray spearheaded an OTC derivatives pricing and RFQ solution for a traditionally back office-focused software company. He is currently a sales manager for Numerix's EMEA territory.

 

If you experience any difficulties viewing or completing this form, please contact us for help.

newsletter issue - Jan 17, 2023

Thinking Derivatively – January 2023 Newsletter

white paper

White paper | Using Emerging Technologies to Improve the Risk Management Function

journal issue

Numerix Journal Vol. 8, No. 1

newsletter issue - Dec 13, 2022

Thinking Derivatively – December 2022 Newsletter

on-demand webinar

Machine Learning for Market Data Anomaly Detection & Gap Filling

on-demand webinar

On-Demand Solution Webinar | Turbo-charging XVA Greek Calculations

newsletter issue - Nov 14, 2022

Thinking Derivatively – November 2022 Newsletter

on-demand webinar

NxCore Cloud in Action: Examples of Capital Market Apps & How They Were Built

on-demand webinar

Portfolio Management Using Advanced Market & Credit Simulations

white paper

White paper | Analyzing the Global Usage of XVAs: the Similarities and Differences Across Regions...

numerix conference

Join us for NEXT 2022 - the Numerix User Conference

newsletter issue - Oct 12, 2022

Thinking Derivatively – October 2022 Newsletter