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First Word: Life after MiFID…

At 20 Dec 2007 09:57:50 in MM-First Word, MiFIDMonitor.com    Print Article  Email Article   Full content requires subscription 

Cliché though it is, November 1 really was just the beginning of MiFID-related work for firms and not, as might have been hoped, the end. The compliance boxes might have been ticked, but the effort required to ensure competitive success under the new regime begins now. And if the results of MiFID Monitor’s review of a number of existing best execution policies is anything to go by, a considerable amount of work needs to be done to cope with fragmented liquidity and get up to speed with the kind of military-precision smart order routing capabilities necessary for execution excellence going forward.



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