MiFID: The Fallout from Fragmentation


Shifting trading liquidity has always proved difficult. A number of European initiatives—Jiway, Easdaq and Tradepoint to name a few—have previously failed in their attempts to capture market share. But a wave of new trading venues has emerged, driven by the MiFID regulations, such as Instinet's Chi-X, pan-European exchange Equiduct and Project Turquoise, a joint venture between seven leading investment banks. Inside Market Data spoke to Equiduct CEO Bob Fuller, and Paul Pickup, director of c

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