Preparing for impact: Reg NMS and MiFID

liquidity

It is well-known that advanced trading technologies are making the markets far more efficient than ever before.As electronic trading penetrates deeper into markets outside the United States, a proliferation of tools is emerging that are more advanced and more adept at supporting decision-making, routing and trade execution.Realising the need for greater speed and efficiency, traders now use direct market access (DMA), algorithmic trading, transaction-cost analysis, dark pools and crossing ne