TradingScreen, provider of multi-broker, multi-product EMS trading platforms, announced that it has developed a suite of new services to help its clients comply with the Best Execution obligations that will be imposed by the Markets in Financial Instruments Directive (MiFID).
TradingScreen’s new MiFID offering assists clients in creating their own best execution policies, selecting appropriate execution venues or algorithms and monitoring and reviewing policy results in a fully integrated fashion from the pre-trade market impact and latency to best execution analysis.
“A number of our buy side clients asked us to help them meet the new challenges of best execution under MiFID” says Philippe Buhannic, President and CEO of TradingScreen. “In response to our clients needs, we are offering what is in effect a “MiFID in a Box” that requires no installation, no developments and no complex database integration process.”