Koris International has teamed up with European trading facility Turquoise to launch a new trading segment aimed at building liquidity across the European exchange traded funds (ETF) market through its TrackInsight platform.
Together, the companies have launched a facility called Turquoise TrackInsight, which will pair European ETF investors with ETFs rated three stars or higher by Koris's ETF analysis platform TrackInsight. The firm said the product aims to offer a best selection and best execution framework ahead of the implementation of the Markets in Financial Instruments II directive in January 2018. Under MiFID II, ETF providers will be required to demonstrate best execution and make "large in scale" transactions. ETF trading on LSE hits record £6.8bn in February The new facility will also pro...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
