Europe's Post-Trade Battle
Efforts Gear Up to Ease Cross-Border Trading
Traders Magazine, September 2007
One of the main aims of the European Union's Markets in Financial Instruments Directive is to foster competition among execution venues for the trading of pan-European stocks. But the thorn embedded deep in MiFID's side is Europe's fragmented system of post-trade service infrastructures. By and large, these infrastructures are segregated by country, making cross-border trading far costlier than domestic trading.
All TradersMagazine.com articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, online technology directory, the iPad App, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and trading strategies.