Europe Trails U.K. in Mifid Prep


LONDON—The disparities between Markets in Financial Instruments Directive (Mifid)-related activities in the U.K. and continental Europe have been growing ever since a large consortium of banks announced the creation of two Mifid projects dubbed Project Boat and Project Turquoise, industry watchers tell DWT.

In September, nine global securities firms, under the Project Boat name, announced plans to create a trade data and market data dissemination platform to take advantage of the this requirement

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