Banks slow to prepare for Mifid

- By FX Markets Staff
- @FXMarkets_
- 28 Oct 2007

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The survey of 15 investment banks indicated that companies are deferring investments in smart order-routing technology because they want to see if market liquidity will fragment. Dealers also expect the existing manually intensive solutions to satisfy best execution demands by customers seeking to remain cost effective.

If the fragmentation occurs soon after Mifid’s implementation – it comes into force on November 1 – firms that have not invested and are not able to produce robust statistics on

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