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Buy-side firms are feeling the most pain as they come to terms with the new world order of the Markets in Financial Instruments Directive II (MiFID II).
Although the financial services industry is counting down to MiFID II’s January 2018 deadline, the most profound impact will be on the buy-side community. They are not only preparing to conduct their own transaction reporting but they will also have to separate research from execution and become much more accountable for proving best execution across...
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