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Convergence ahead?
— Niki Beattie, Merrill Lynch

After decades of developing in different directions, it looks as if the trading landscape in post-MiFID Europe will resemble that of the US more closely. But first Europe must tackle the thorny issue of costs, as Peter Guest reports.

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MiFID heralds the rise of MTFs

While regulation encourages the creation of new liquidity venues, it is innovation and technology that will determine their viability.

More . . . 

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