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A pre-summer start to trialogues will result in a completed MiFID II text by year's end, but buy-side concerns about dark pools remain.
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With new regulations for financial markets still emerging on both sides of the Atlantic, rival market structures and models are engaged in a battle for liquidity. What are the key factors that will decide who wins the war?
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Buy- and sell-side firms in the Nordic region are leading Europe in their willingness to outsource core functions and to focus on their domestic market, according to Rob Lane, European business manager for trading solutions at Interactive Data.
What is the most likely outcome for the pan-European FTT?