Crunch Time for Mifid II as HFT Goes Under the Knife
What will today's vote—if it does happen—mean for the European trading landscape?
On first glance, it would seem high-frequency traders are set to lose most, as politicians seek to halt the rise of the controversial form of automated trading, which has been fingered in several well-publicized trading failures in recent years.
Much has been written about high-frequency trading (HFT) since the May 2010 Flash Crash, and the general line from traders, and others in the market-making arena, is that
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