Christian VoigtFidessa - London
26 March 2015 | 884 views | 0 | Recommends 0
Currently, it doesn’t really matter whether dark trades are executed under the reference price waiver (RP), large in scale waiver (LIS) or a negotiated trade waiver (NT). However, under MiFID II, the waiver flavour will make a significant difference. Whilst RP and parts of NT will become subject to the clunky double volume cap, LIS will not, so we...
TagsTrade executionRisk & regulation