Trading tech company RPA has launched a new research payment account (RPA) tool to facilitate buy-side trading to comply with the MiFID II requirements for best execution and unbundling. The tool offers administrative assistance for research valuations, budgeting and in-depth searches of balances. The RPA can be funded with a research charge with execution, similar to the commission sharing agreement method, but can also be funded with a research charge to investors or from a P&L. Users can fund the ITG with research charges with execution, research charges to investors or from profit and loss statements. The tool comes with a dedicated support team for operations across Europe , North America and Europe region.
Trading tech company RPA has launched a new research payment account (RPA) tool to facilitate buy-side trading to comply with the MiFID II requirements for best execution and unbundling. The tool offers administrative assistance for research valuations, budgeting and in-depth searches of balances. Users can fund the ITG with research charges with execution, research charges to investors or from profit and loss statements. The tool comes with a dedicated support team for operations across Europe , North America and Europe region.