Delivering On Compliance

MIFID regulations require financial institutions to prove that they are always giving the best price to the customer at any moment in time.

This is not straightforward to deliver in a complex and dynamic trading environment.AdapTable is used by one of our clients to deliver compliance in a very cost effective way.

The Calculated Columns feature in AdapTable creates a special column which shows the minimum value (i.e. the best price) across all the live feeds, each of them ticking hundreds of times per second.A trader quotes from that column, knowing it is fully compliant with regulatory requirements.

This allows him to move faster than his competitors in the market. AdapTable’s Audit Log runs in the background storing details of all user activity with the relevant data at the time of that activity.

This enables the client to prove Best Execution to their regulator whenever that should be required.