THE NEXT FEW months will be an exciting time for European alternative trading venues. With a March deadline looming, UK fund managers and brokers will be examining these systems more closely as they work hard to show progress in implementing recommendations on transaction costs made in the Myners Report.
Among other things, the 2001 report of Paul Myners’ review of institutional investment for the UK government enjoins fund trustees to call their fund managers to account for their choices of trading methods and venues.
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