Case study: TVR

The Challenge

To trade financial instruments for themselves and their clients, firms must have access to trading venues​. To price their own instruments, firms must have access to market data​.

But trading venues can switch firms off, stop trades being processed and impose onerous conditions – one reason is not complying with the rules, and regulators expect firms and key personnel to know the rules. Rules can be hard to find and are frequently updated, sometimes without notice. 

Our Solution

TVR hosts easy-to-use summaries and RAG ratings of Trading Venue Rules and other documents - all in one place. Summaries use consistent format and language to help subscribers identify and compare issues across venues​.

The Outcome

Using Trading Venue Reviewer means clients can:

• Save time and money
• Manage risks quickly and efficiently
• Comply with the MiFID2 legislative framework
• Easily navigate rules of over 140 trading venues worldwide
• Understand trading venue rules,
• Ensure their systems and processes are compatible with MiFID2 rules

TVR was recognised by the FT Innovative Lawyer Awards 2019 as a standout legal product for developing an innovative solution to easily navigating the many documents required by MiFID2.

For further information please contact Andy Robinson.