Cürex launches pre-trade time-stamping
The new capability will allow Cürex’s customers to prove their compliance with Mifid II
Institutional foreign exchange execution service Cürex plans to introduce additional functionality to its pre-trade analytics platform that will help customers to become compliant with the upcoming second Markets in Financial Instruments Directive (Mifid II).
The announcement comes three months before the European regulation on best execution is set to come into force on January 3. Mifid II requires a pre-trade market check through a time-stamp provision, proving the check happened before a
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