MiFID – An opportunity to profit
11 October 2006
In a new report sponsored by LogicaCMG, Graham Bishop investigates the implications of MiFID and finds that the collapsing price of technology is likely to lead more banks than expected to become “Systematic Internalisers” in November 2007 when MiFID comes into force. That may well unleash a major upheaval in trading that will produce many opportunities for profit by those banks that position early”
The report outlines three industry scenarios post 1st November 2007, including the possible death of the stock exchange. It provides a detailed evaluation of the impact on a wide range of market firms, as well as examining the potential to profit through “passporting” of services or by becoming a Systematic Internaliser.
Further comment
The full report is available from: financial.services@logicacmg.com
© Graham Bishop