Dynamic Best Execution Policies to Become Standard, says Ernst & Young
At 17 Jun 2008 05:49:11 in MM-Best Execution, MM-Clearing & Settlement, MiFIDMonitor.com
Dynamic best execution policies will soon be the norm, according to Dr Anthony Kirby, director of financial services advisory at Ernst & Young and chair of the Best Execution Subject Group (BESG). However, without a better settlement and clearing solution, the cost savings from best execution will not be fully realised, he warns.
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