3
Countdown
1
0
zero
to
hour
Kristian Karppi, Managing Director of K&K Global Consulting
With little time left before MiFID II on 3 rd
January 2018, the buy side are more than
ever before, working on resolving the final
regulatory challenges and trying to anticipate
the upcoming market structure changes. The
agenda for the upcoming Alpha Trader Forum
(ATF) debates are mainly around these two
themes. We have summarised the latest buy-
side concerns for equities on page 22, fixed
income on page 24 and foreign exchange on
page 26. The latest trading related regulatory
news and publications are listed on page 31.
K&KGC has in parallel already published the
interim Buy-side Perspectives benchmark
reports for equities and fixed income to help
identifying best and common practice. The
final buy-side benchmark reports, including
the report for foreign exchange, will be
published later in the autumn. The research
results will also be available for your perusal
and closed-door discussion with your peers
at the local ATF meetings.
Autumn 2017
For many, MiFID II has been a cumbersome
distraction away from core trading matters
and it will be a relief to finally cross the go
live date. The foreign exchange traders
are keen to understand how their
market can evolve to FX 2.0. The fixed
income and equity traders will benefit
from an overwhelming amount of new
data to make more informed decisions.
The 6th Annual ATF Global Summit is
timed 6 th – 7 th February 2018 in London
so we can all share experiences and
reflect upon the new market structure.
As we anticipate crossing the goal line,
new challenges are cropping up. We
already covered the overarching changes
to the asset management industry in
issue 9 of this magazine but there are also
substantial upcoming triggers for the buy
side to relocate staf f within the European
Union due to the approaching UK Brexit
which is covered on page 8 of this issue.
www.buysideintel.com
5