NEW YORK, Jan. 05, 2017 (GLOBE NEWSWIRE) -- ITG (NYSE:ITG), a leading independent broker and financial technology provider, today released a survey of North American institutional investors about the likely impacts of the Markets in Financial Instruments Directive II (MiFID II), a sweeping set of European Union financial regulations scheduled to come into force on January 3, 2018. Under MiFID II rules, asset managers will be required to explicitly separate, or âunbundleâ, their trading commissions from investment research payments. In order to continue paying for research alongside executions, asset managers will be required to set up a research payment account (RPA). The survey polled m...
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