Buy-side crossing networks gain traction.
Firms need to get to grips with the new and undulating market structure under MiFID II.
Critics call for a level playing field.
Many managers still need to decide how they'll comply with MiFID II's research provisions.
Firms could find themselves attempting to comply with conflicting laws.
Tradeweb reports a fivefold increase ahead of MiFID II.
The regulator wants to avoid volumes moving off trading venues.
Knowing counterparties' SI status will be critical for trade reporting under MiFID II.
ETF inflows in Europe this year have overtaken the whole of 2016.