The Smart Money
First Published in Automated Trader Magazine Issue 07 October 2007 : Feature
As MiFID opens the door to competition between equity trading venues in Europe, Chris Hall looks at how algorithmic trading will adapt to the new era of fragmented liquidity.

Nick Holtby, UBS Investment Bank
"As the buy-side uses MiFID to take more control of its execution, this will further accelerate the move away from traditional execution methods toward algorithmic trading."
On November 1, MiFID (Markets in Financial Instrume



