FlexTrade Systems, a global leader in multi-asset execution and order management systems, has announced a partnership with RSRCHXchange, a leading marketplace for institutional research. This collaboration aims to streamline the research procurement process and ensure compliance with the Markets in Financial Instruments Directive II (MiFID II) regulations.
FlexTrade’s Partnership with RSRCHXchange
FlexTrade’s integration with RSRCHXchange will provide clients with access to a wide range of research content from top-tier providers. By leveraging RSRCHX’s platform, FlexTrade users will be able to efficiently manage their research consumption and payments, all within a single, consolidated interface. This partnership will not only enhance the research experience for FlexTrade clients but also simplify the compliance process under MiFID II.
Ensuring MiFID II Compliance through Collaboration
MiFID II has introduced stricter regulations around research procurement and payment practices, requiring firms to separate the cost of research from trading commissions. Through the partnership with RSRCHXchange, FlexTrade clients can easily track and allocate research costs, ensuring transparency and compliance with MiFID II requirements. By collaborating with RSRCHXchange, FlexTrade is helping its clients navigate the complexities of the regulatory landscape while enhancing their research capabilities.
FlexTrade’s partnership with RSRCHXchange represents a strategic move towards ensuring MiFID II compliance for its clients. By leveraging RSRCHX’s innovative platform, FlexTrade users can access a diverse range of research content while seamlessly managing their research procurement and payments. This collaboration underscores FlexTrade’s commitment to providing comprehensive solutions that address the evolving needs of the financial industry in a regulatory-compliant manner.