Kevin Bourne, HSBC's Global Head of Equity Execution, Says MiFID Will Require Brokers to Prove Best Execution Across 25 European Countries
January 08, 2007
Europe's MiFID legislation is expected to transform Pan European trading landscape, letting new competitors called multi-lateral trading systems to list the same securities already traded on the continent's 40 cash exchanges. HSBC implemented a global trading system, which can access vast amounts of data to evidence best execution under MiFID's post-trade transparency rules.
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