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After the introduction of MiFID in 2007 we have seen reductions in fees and a lot of Multi Trading Facilities emerging from almost nowhere. Today, the MTFs have started to swallow each other and who knows where it will end. Who will survive? MiFID was meant to free up the market, increase competition and liquidity across Europe. Do you think that the MiFID project have achieved its goals? Do we have any clear winners or losers?
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Read in FT that the EU Commission had received more than 4200 responses on their consultation for this. The vast majority were responses from indviduals worrying about commodity prices and the likes but still: 350 full responses have been received! All of them can be found here: CIRCA - Communication & Information Resource Centre Administrator
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