By Julie Aelbrecht for FOW – first published on December 9, 2018
Mifid II to increase sponsored access ‐ expert
Recently implemented European regulation Mifid II is set to transform the structure of the financial markets in a number of ways, including increasing the use of sponsored access and transforming the bonds and repo markets, a regulatory expert has told FOW.
“If liquidity is consolidated in smaller venues, this will inevitably reduce some people’s access to all this liquidity, especially if you consider the cost involved in becoming a member of all these platforms. I think because of this we’ll see more sponsored access,” Robert Powell, director of compliance at technology firm IPC Systems, told FOW.
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