Europe’s new trading and transparency regime promised a lot. For the first time outside the equities market, investors would have data enabling them to properly compare prices, benchmark their trades and gauge market liquidity.
But so far, those promises have not been kept. The data called for by the revised Markets in Financial Instruments Directive (Mifid II) does exist, but critics are scathing about how it is being delivered. Regulators are now scrutinizing the services designed to perform
The founder and CEO of Imperative Execution looks at how trade execution is changing and what that means for the buy side.Subscribe to Weekly Wrap emails