Bank strategy indexes risk getting sucked into Mifid automated trading consultation
Bank strategy indexes have been dragged into a debate about automated trading that has been included in a public consultation on the European Commission's Markets in Financial Instruments Directive (Mifid).
The consultation paper was launched at the end of 2010, but has only recently been cited as a cause for concern for banks that have created their own index strategy business – that is, most of them.
The relevant section of the document, under the heading "Automated trading and related issues"
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