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Equiduct CEO Artur Fischer: "MiFID doesn't work...."

First Published 9th July 2009

Equiduct CEO, Artur Ficher talks to Automated Trader about their consolidated tape and derived data viewer and the potential cost savings this offers market participants. Fischer goes on to outline how Equiduct's use of CEP technology has enabled them to determine that as many as 25% of all trades could be executed at better prices somewhere other than the incumbent exchange, and concludes that whilst MiFID has been successful in stimulating competition, "fuzzy" regulation has meant that the best execution objectives of the directive have missed the target.