Toland launches fintech start-up for fixed-income markets
TransFicc aims to assist in the migration of trading to electronic venues and adherence to regulation
Foreign exchange industry veteran Steve Toland has launched TransFicc, a financial technology start-up that will provide solutions for fixed-income and derivatives market participants to overcome the challenges posed by fragmentation, market data throughput and regulatory requirements under the Markets in Financial Instruments Directive (Mifid) II.
Toland's new venture seeks to capitalise on the growing need and desire to migrate trading on to electronic venues; an effort hindered by the large
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