APC Time attending MiFID 2017 to help organisations meet MiFID II time synchronisation requirements
The revised Markets in Financial Instruments Directive (MiFID II) will be implemented across financial markets from January 2018, requiring fundamental changes to processes, systems, reporting and technologies for a range of organisations operating in the financial marketplace.
The new directive is designed to take into account developments in the trading environment since MiFID was introduced in 2007. The regulations will also aim to improve the functionality of financial markets, making them more efficient, resilient and transparent.
Under MiFID II, trading venues and their members are required to synchronise their internal trading networks within a fixed variance from universal co-ordinated time (UTC). Trading venues are also required to annually demonstrate compliance, based on documentation for the synchronisation system.
Non compliance is not an option, so it is vital that financial organisations seek advice in order to ensure they can meet the new requirements ahead of 2018.
APC Time specialises in the provision of time and frequency synchronisation products from leading European manufacturer Meinberg.
On 28th February, APC Time will be attending MiFID 2017, a day-long workshop exclusively focused on meeting the time traceability and time stamping requirements for MiFID II.
Click for more information and to reserve your place at the event.
The event is aimed at anyone involved in the implementation of time compliance and time stamping within the financial industry. In addition to informative talks by industry experts, visitors can discuss their requirements with the team from APC Time and Meinberg and gain specialist, technical expertise into the products available to meet MiFID II compliance.