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Focus on research spending spreads outside EU.

Focus on research spending spreads outside EU.

More firms may ramp up to compliance with the European regulation's research provisions.

MiFID II introduces obligations to monitor and value research.

Smaller issuers will face challenges obtaining research services.

Will independent research adopt the Netflix delivery model?

Asset managers require an end-to-end research workflow solution for MiFID II.

Incoming regulations will require more data to evidence best execution.

Aim is to minimize leakage via routing and segmentation strategies.

Kepler Cheuvreux sees granularity of data as a broker differentiator.