InfoReach, Inc., a global provider of high-performance electronic trading technology for capital markets, announces its integration with TRADEcho for post trade publishing. TRADEcho's position as an Approved Publication Arrangement (APA), gives InfoReach clients a venue for publishing trades they have executed and meet their MiFID II requirements for post-trade reporting.
MiFID II goes into force on January 3rd, 2018. For many clients based in the EU or operating in the EU markets this will have a major impact on their business practices. Several organizations are mobilizing to meet the demands of these regulations. TRADEcho, the suite of reporting services hosted and operated by the London Stock Exchange, has been facilitating European trade reporting for MiFID I for 10 years and is extending these services to cover the increased MiFID II requirements. TRADEcho's services cover all MiFID II asset classes and provide firms with the tools they require to meet their pre and post-trade transparency obligations.
With their expertise and advanced systems, InfoReach is prepared to meet growing regulatory demands which are so frequently on the minds of Clients. InfoReach's Director of Client Services, Alex Korsky, said, "Many clients have shown concerns about new regulatory requirements and their cost impact. However, InfoReach has always prided itself on its scalability and flexibility to respond to changes whether they be regulatory or new market opportunities." InfoReach is prepared for this new regulatory environment, easing the concern of its clients.
InfoReach is a provider of broker-neutral solutions for electronic, algorithmic and high-frequency trade analysis, management and execution of global equities, futures, options and forex. They deliver high-performance technology with high-touch support. InfoReach serves the buy-side and sell-side. Client solutions are tailored to accommodate current and future needs. InfoReach technology is configurable to deliver unique adaptations without adding development time and costs.
For more than 20 years, InfoReach has helped clients improve their trade execution process and performance with efficient design and support. With a streamlined workflow clients can rapidly respond to market opportunities by consolidating the trading tools, global market connectivity, and execution capabilities in a single system. Delivered with unparalleled reliability and service that is synonymous with InfoReach.
InfoReach is a privately-held company headquartered in Chicago, with offices in New York and the Netherlands.
TRADEcho is the suite of reporting services hosted and operated by the London Stock Exchange, brought to market in partnership with Boat Services. TRADEcho has been formed in direct response to client feedback for compliant, simplified, cost effective reporting services. With MiFID II on the horizon, the London Stock Exchange and Boat chose to combine their strengths to form a team of industry, regulatory and technical experts, bringing together the complementary strengths of Boat's OTC reporting and the London Stock Exchange's primarily on exchange reporting. Alongside partners in the group, such as UnaVista and MTS we truly are a one-stop shop for pre and post trade reporting.
London Stock Exchange Group (LSE.L) is a diversified international market infrastructure and capital markets business sitting at the heart of the world's financial community. The group can trace its history back to 1698. The Group operates a broad range of international equity, bond and derivatives markets, including London Stock Exchange; Borsa Italia; MTS, Europe's leading fixed income market; and Turquoise, a pan-European equities MTF. The Group also provides customers with an extensive range of real time and reference data products, including SEDOL, UnaVista and RNS.