MEP Says No to Minimum Resting Times
In its current form, the regulation, which is likely to come into force in 2015, includes a minimum resting time for orders of around 500 milliseconds, but Swinburne says this is "unlikely" to remain once the European Commission has its say next month.
Swinburne, who was speaking at Tuesday's Mondo Visione Exchange Forum in London, says the bulk of Mifid II is "a decent text", but she believes the Parliament misses the mark with its attempt to curb the practice of high-frequency trading (HFT) by
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