Market Structure Partners’ CEO Niki Beattie is often quoted in the financial press on a wide range of international market regulation issues. Find all the links to the articles below.
Niki Beattie is also regularly featured in video interviews across the media and at industry events.
…But the lobby groups for HFT on both sides of the Atlantic are ready to step up their arguments if the pilots show signs of gaining traction.
“You have to let markets evolve and let them decide,” said Niki Beattie, founder of Market Structure Partners, a consultancy, and non-executive chair of XTX Markets, which supports speed bumps.
“You can give people choice but if you haven’t got competition then you can’t do it.”
…Mr Schwimmer’s US contacts from his Goldman years may be just as important to the LSE in future — the US contributes a fifth of the LSE’s revenues, and Mr Rolet had expressed fears that some of the LSE’s prized clearing, processed at LCH, could move to the US if Brexit upsets current arrangements.
“The failed Deutsche Börse deal shows how hard it still is to do a deal in Europe,” said Niki Beattie, founder of Market Structure Partners, a markets consultancy. “Perhaps a good deal is more likely to come from North America, as cross-border issues are growing in Europe and maybe the board are thinking about that.”…
…Aquis’s broker, said revenues were 19% ahead of his expectations, while costs were in line. As well as winning subscribers for its exchange, Aquis has expanded into selling trading and surveillance technology.
However, Aquis chair Nicola Beattie warned that Brexit will increase costs by about 5%, including those linked to the regulatory approval needed to open new offices in Paris. Aquis is monitoring Brexit developments and could move trading of EU stocks to the French capital….
LONDON (Alliance News) – Aquis Exchange PLC on Tuesday said it expects to report doubling in revenue for 2018, but warned on challenges in the first quarter of 2019 due to Brexit uncertainties.
Aquis shares were trading 4.8% higher on Tuesday at 600.00 pence each.
The exchange services company anticipates to deliver revenue of GBP4.0 million for 2018, versus GBP2.0 million in the prior year.
Looking forward, Aquis said it anticipates making further progress during 2019 and expects to perform in line with expectations.
The company expects to announce its 2018 results in early April.
Separately, Aquis said it appointed Electronics Engineer Glenn Collinson as an independent non-executive director.
Collinson started his career at Racal Electronics PLC and worked for mobile firm Motorola Inc and semiconductors company Texas Instruments Inc before co-founding Cambridge Silicon Radio in 1998. There he served as an executive director and helped grow the company from a concept to a USD3 billion market capitalisation entity in 2006, known as CSR PLC.
“I am very pleased to welcome Glenn to the board of Aquis at this important time in our development as a public company,” said Chair Niki Beattie.
“His background as an engineer and his years of developing and marketing technology products will be invaluable to the business,” added Beattie.
LONDON – 08 January 2019 – Aquis Exchange PLC (AQX.L), the exchange services group, which operates the pan-European cash equities trading MTF, Aquis Exchange, and develops and licenses exchange software to third parties, today announced that it has appointed electronics engineer and serial entrepreneur Glenn Collinson to its Board, as an independent non-executive director (NED), subject to FCA approval.
Collinson started his career at Racal and worked for Motorola and Texas Instruments before co-founding Cambridge Silicon Radio in 1998. There he served as an executive director and helped grow the company from a concept to a $3 billion market capitalisation entity in 2006 (as CSR Plc) and one of the biggest players in the Bluetooth market. Since leaving CSR he has held a number of executive and non-executive directorships in UK and French companies – both public and private – that specialise in technology.
Commenting on the appointment, Niki Beattie, Chair of Aquis Exchange, said:
“I am very pleased to welcome Glenn to the Board of Aquis Exchange at this important time in our development as a public company. His background as an engineer and his years of developing and marketing technology products will be invaluable to the business. Crucial too is the first-hand experience he brings of running companies in both the UK and France, the two countries in which Aquis Exchange has a physical presence.” …
Niki Beattie shares her views throughout this report from the LSE which identifies six key themes from the first six months of MiFID II and offers practical insights. Watch her discuss MiFID II at the report’s landing page.
Excerpt from Insight 1: Back to the block
Niki Beattie, CEO of Market Structure Partners, suggests that markets have not yet become more transparent to end-investors. “We now have a highly complex and opaque market structure. In the equities market, trading on some venues and SIs is not being conducted in keeping with MiFID II. In other asset classes, much of the activity on multilateral venues is in reality bilateral because of its
reliance on credit relationships. Trading venues and brokers are innovating to attract business, but the overall effect in not necessarily improving outcomes or transparency for end-investors.”…
…His successor will inherit a company facing the political challenges of the UK’s departure from the European Union hanging over it while markets rapidly evolve to encompass new technologies such as blockchain.
“He’s had a great run but it’s going to get a lot more difficult for the LSE,” says Niki Beattie, head of Market Structure Partners, a capital markets consultancy. “The LSE board will have to play a crucial role in thinking about the challenges the exchange will face.”
When the 57-year-old announced his retirement from the 319-year-old institution for a second time, he stressed there would be no immediate change to LSE’s strategy. “The fact that I’m going to be here for some time means it will be business as usual,” Mr Rolet told analysts…
…The LSE said in a statement Thursday that it will start a search for a successor to Rolet, who has been in charge since May 2009. Rolet would have retired this year if all had gone to plan with the merger with Deutsche Boerse AG, but regulators blocked the takeover on antitrust concerns.
“He has a number of good lieutenants, but they would want to scan the market given the likely changes in the exchange world,” said Niki Beattie, founder of consultancy Market Structure Partners in London. “Given he is not going until December next year, I expect that is to give them time to have a good look around.”
Rolet, whose career started in the 1980s as a trader at Goldman Sachs Group Inc., transformed LSE from a business mostly focused on cash equities into a group with strong positions in …
XTX Markets, a leading non-bank liquidity provider in the forex industry, has announced the latest addition to its personnel – investment banking specialist Niki Beattie.
Ms. Beattie joins XTX Markets’ board after a lengthy career in the capital markets space, during which she has focused on market structure and held several leading consultancy roles. She will step into the role of Non-Executive Director and Chairman on October 1, 2017.
Alex Gerko and Zar Amrolia, co-CEO’s of XTX Markets, commented: “We are delighted to have Niki join the team. She has a deep experience and domain knowledge in trading technology, market structure, regulations and governance. We look forward to her bringing this wealth of experience to XTX Markets as we transition to a global company.” …
XTX Markets, one of the new breed of electronic trading firms taking share from banks, has named a market structure expert at another of Europe’s upstart trading outfits to its board.
Niki Beattie, a former head of Europe, Middle East and Africa market structure at Merrill Lynch, will take on the role of non-executive director and chairman on October 1, XTX said in a statement.
Her strategic advisory firm, Market Structure Partners, works with trading venues and clearing houses, among others, on the rules and regulations governing securities trading in capital markets.