Mifid: The New Y2K for Europe?
FRONT PAGE: SPECIAL REPORT
LONDON—The Markets in Financial Instruments Directive (Mifid) compliance requirements of the European Union will enact a lasting change in the market structure for securities trading in Europe, requiring a significant re-architecture of key trading technologies, say industry experts.
In a recent meeting of the Mifid Joint Working Group (JWG), Bob Fuller, co-chair of the IT subject group, says, "One of the good things about what's happening is that it gets you changing some fundamental
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