Late last week, Deutsche Börse officials announced plans to take advantage of the European Union's Markets in Financial Instruments Directive (Mifid). The German exchange operator paints the Frankfurt stock exchange as being a mean to get best execution of client orders for more than 120,000 securities, in line with one of Mifid's most important requirements. Deutsche Börse will also offer bilateral trading in the form of Xetra BEST, allowing the so-called BEST

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