MiFID II - Where the next wave of reforms could land

The reporting requirements of MiFID II RTS28 pack a punch. Ben Jowett, head of business development of Winterflood Securities explains these requirements will mean brokers have to diversify their sources of liquidity and make best-execution a core philosophy. Jowett argues “ultimately, it is diversity in liquidity sources that ensures suitable price discovery and reduces market impact”. 

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