Bloomberg Tradebook CEO: Move to Passive Investing Is Changing the Marketplace

Regulations like Mifid II are also opening up different product areas.

glenn-lesko

Regulations like the upcoming Markets in Financial Instruments Directive (Mifid II) and changing investment behaviors are pushing agency brokers like Bloomberg Tradebook to offer products designed to use robust data to find liquidity and be more transparent. Bloomberg Tradebook CEO Glenn Lesko told WatersTechnology during Bloomberg Tradebook's Charity Day that regulatory change and greater interest in passive investing are the two biggest factors affecting the industry. "Regulatory change is