Panel Voices MiFID Fragmentation Concerns

Participants on a panel discussing the new regulation at last week's European Financial Information Summit agreed that-even without fragmentation of trading liquidity-there will undoubtedly be fragmentation of data resulting from the advent of new facilities for reporting off-order-book trades.

"I think it will get very confused and fragment into different reporting venues," said John Cant, consultant MiFID programme manager at JPMorgan Cazenove.

Faced with more sources of information, panelis