ESMA published its draft RTS for MiFID II/MiFIR. It will translate how legislation will apply in practice to market participants, market infrastructures and national supervisors.
“The Depository Trust & Clearing Corporation (DTCC) has selected Risk Focus’ Validate.Trade engine internally to help its Global Trade Repository (GTR) unit with pre-UAT testing regarding the October 2015 deadlines for ESMA Level 2 rules.”
Python is becoming increasingly important for technology providers in the financial services industry. Andy Fundinger, Senior Consultant at Risk Focus, gives his perspective on the unique challenges and benefits of Python in this Waters Technology feature.