Now almost three months in, is the Markets in Financial Instruments Directive II (MiFID II), sweeping regulations that changed the nature of the relationship between asset managers and their brokers, providing market participants any meaningful benefit? While a PwC study shows a large swath of senior asset management investors remain concerned about over-regulation, a Greenwich Associates study points to liquidity and tighter bid-ask spreads through electronic trading. A recent survey of CEOs at major asset and wealth management firms points to continued concern. Some 83% of these executives are “somewhat or extremely concerned” about overregulation in 2018, with MiFID II ranked…
MiFID II & Electronic Trading Starting To Provide Investors Benefits
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.