Trading through electronic trading platforms has surged since the recast Markets in Financial Instruments Directive (Mifid II) came into force on January 3, according to officials at JPMorgan, dampening concerns that the new rulebook might cause trading of in-scope instruments to slow down.
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Scott Wacker, |
“In some ways it is not surprising that electronic trading is rising so sharply, given the products that are now in scope of Mifid II,” says Scott Wacker, global head of e-commerce sales and marketing at JPMorgan.
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