Closing MiFID II's Research Gap

Tom Burroughes

5 October 2018

Recently-launched investments research provider Nucleus195 wants to have about 150 content providers in its shop window by the end of 2018, filling a yawning gap caused by traditional sell-side analysis being hit by red tape.

With regulatory moves such as the European Union’s , a US-based body which tracks this market and provides its own data, said in January this year that it forecast research sales would drop by 8.7 per cent this year from the prior year’s total. That relatively modest fall contrasts with some of the scarier predictions made concerning MiFID II’s impact, it said. In hard numbers, total research sales will be worth $14.7 billion this year. Research spending will be particularly hurt in Europe, the firm said.

“There’s no doubt that the industry is going through a sea-change, and our presence on the Nucleus195 platform ensures our analysts’ research will be accessible to any investor who seeks it out,” Gary Esayian, CEO of BCS Global Markets, said at the time of the Nucleus195 launch.