Jun 01, 2016
Eurex
Who's ready for MiFID II Best Execution? Event by The Trade and Deutsche Börse in Frankfurt.
More than 50 market participants accepted the invitation from The Trade and Deutsche Börse to discuss strategies, systems and working practices necessary to comply with MiFID II.
Joe McGrath, Managing Editor at The Trade, moderated an impressive list of speakers and dialogue partners, among them, representatives from Deutsche Börse Group.
Dr. Sandra Bramhoff, Senior Vice President, Cash Market Development spoke about “Market structure – what will change for the buy side?” Vassiliki Veliou, Head of Market Structure and Regulation, discussed “Sell side perspectives” with Alasdair Haynes from Aquis Exchange and Heinz Martin Sorge joined the panel on “Radical Reporting – the consultant’s view.”
| The range of speakers included transaction cost analysis specialists, regulatory experts and traders from highly respected asset managers. All in all, the event gave a broad overview regarding possible methods to ensure trading desks are compliant with the best execution governance. Liquidity in both equities and fixed income markets was a re-occurring theme during the panel discussions. |  |
Participants from the audience suggested that some of the biggest European stocks trade in sizes which are just a fraction of the trading blocks before the crisis. On the fixed income side, Chris Bowie from TwentyFour Asset Management offered anecdotes to illustrate the lack of trading depth in the fixed income markets. The panelists expressed concern that the forthcoming regulatory changes will even further exacerbate this lack of liquidity.
The Frankfurt event was part of a whole series of joined pop-up events covering several European cities.
