The colossal piece of legislation known as MiFID II and the role of innovative technology are two pivotal factors that are having a significant impact on OTC derivatives trading and market structure. MiFID II came into force on January 3, 2018 and represents a vast regulatory change that impacts trade requirements and has become a catalyst for change. An immediate result of this legislation is that it has kindled a surge in electronic trading as investors strive to meet the new requirements.

This opens an opportunity for market makers in that now there is an enlarged appetite for electronic trading from market takers. Market share will be there for the taking, but to succeed could mean using the type of advanced technologies that allow for faster access to information, faster decision-making, quicker insights and the ability to keep pace with, or outpace, competitors.

In this paper, we examine the role that MiFID and new technologies are playing in generating a measurable rise in electronic trading and the factors that impact market makers.

AUTHOR BIOGRAPHY

ROBERT GRAY, SALES MANAGER, EMEA, NUMERIX

Robert Gray is an OTC derivatives market expert at Numerix and a long-time industry veteran in the space. His career began in LIFFE trading for ten years in futures and options for Lehman, SGF (now ICAP) and Tullett, in addition to a brief stint on the IPE trading Brent Crude Oil. Following the end of pit trading, Mr. Gray began a sales career with roles at Standard and Poor’s, SuperDerivatives, Saxo Bank and CMC Markets across EMEA. Just prior to joining Numerix, Mr. Gray spearheaded an OTC derivatives pricing and RFQ solution for a traditionally back office-focused software company. He is currently a sales manager for Numerix's EMEA territory.

Download Paper

Complete the form below to download this complimentary paper.

Select Form: 

Form #5: Research

Keep me informed of future research from Numerix:

Sign me up to receive "Thinking Derivatively" monthly newsletter by Numerix:

* Required fields
on-demand webinar

Riesgo de Contraparte para Latinoamerica (CVA)

video blog

Steering the Initial Margin Process to Determine Full MVA Cost

newsletter issue - Jul 10, 2018

Thinking Derivatively - July 2018 Issue

in the news - Jul 9, 2018

Microsoft Perspectives | Risk and RegTech

analyst report

Risk.net XVA Special Report 2018

on-demand webinar

A Competitive Edge in OTC E-Trading — Next-Generation Technology Capable of Delivering Tomorrow...

live webinar

Riesgo de Contraparte para Latinoamerica (CVA)

journal issue

Numerix Journal Vol. 5, No. 1

white paper

LIBOR Alternative Rates: The Transition and the Future of OTC Derivatives Pricing and Curve...

on-demand webinar

Roundtable Discussion: The 'State of the State' of XVA Front-Office Risk Management

numerix roadshow, event

Realtime: Adapting to Change in the Increasingly Electronic OTC Markets

conference presentation

2016 Quant of the Year Lecture Series - London - April 28, 2016