Post the widely anticipated MiFID II/ MIFIR published by the EU Commission in November, and despite industry hopes, there is likely to be minimal convergence between EU and UK rulebooks to smooth the risk of liquidity fragmentation and mitigate unnecessary operational complexity. While on the surface little appears to have changed, gradual shifts are occurring which could lead to very different trading environments in which to operate.
Click here to download the latest Liquidity Landscape report from global institutional investment network, Liquidnet, looking at lessons learned one year on post-Brexit, including:
- the rise of regional parallel divergence,
- the evolution of the UK market structure,
- the return to the office,
- operational resilience, and
- the future of trading technology.