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MiFID Has Successfully Opened up the Market, Says New JWG-IT Whitepaper

MiFID implementation in November 2007 had the desired effect of opening up the market into a more competitive field, according to a new whitepaper from industry think tank JWG-IT and technology vendor Cisco. Moreover, a key objective of the European Union’s Financial Services Action Plans (FSAP), to foster competition by removing barriers, has also been achieved, the paper states.



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