This doesn't mean, however, that MiFID fails to stir debate. The directive still has a few missing details that cause some concern among banks and exchanges. The very definition of "best execution" should be fodder for industry roundtables for years to come. One observer noted that soon we should be talking about MiFID Mark II, an updated set of regulations that will prepare a new chapter of the European financial markets for the future.
In the weeks leading up to MiFID's November premiere, W
Anthony and James delve into how the systematic internalizer regime is shaping up, and then examine the regtech sector.Subscribe to Weekly Wrap emails