MIFID II - Kubler Ross Update
Therein, the man who memorably, presciently, and with 100% accuracy noted: “"Not to sugarcoat it, I think it [MiFID II] is the worst piece of legislation I’ve ever seen in the history of my career."
Exchange Invest 559: August 04 2015
You simply cannot afford not to scroll through today’s Exchange Invest:
HFT1: The Market Is Not Rigged
The shame of Lewis's book is that there are plentiful cases to be made of market imbalance and issues that need to be resolved as the converse to the extreme “rigged” accusation:
Industrial change in the OTC IRS derivatives market – April 2014
Long overdue regulatory changes are finally bearing fruit as a new market structure develops in the OTC interest rate swap market.