Study: Firms Not Ready to Compete in Mifid
Firms appear to be deferring investments in smart order-routing technology because they want to see if market liquidity will fragment, say Atos officials. Firms also expect existing manually intensive solutions to satisfy customers’ best-execution demands to remain cost-effective, they add.
Officials from Atos Origin’s consulting firm, Atos Consulting, analyzed spending patterns of 15 investment banks and compared them with the cost model that the consultancy first published in June 2005 and then
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