19 Apr

Connectivity Platforms Report FI Deals Ahead of MiFID II

"Two key drivers of the increased push to electronify the fixed income market are greater efficiency savings, which save time and avoid processing risk, and regulation. As more asset classes become electronic, it is paramount to provide secure connectivity to all counterparties...."

"TransFICC, the provider of an application programming interface (API) designed to support electronic trading in fixed income and derivatives, is collaborating with IPC Systems on connectivity."

“In collaborating with TransFICC’s one API for eTrading, IPC is able to consolidate multiple electronic trading venues and provide access to a wide array of exchanges,” says Tim Carmody, vice president of Global Product Management and Engineering for Financial Markets Network at IPC."

The Desk also stresses that whilst MiFID II is expected to boost e-trading, bilateral relationships remain important, particularly for larger tickets where there is more sensitivity to information leakage.

The complete article is available at