Gartner Research

MiFID and the New Trading Venues

Published: 24 April 2008

ID: G00156717

Analyst(s): Pete Redshaw

Summary

By promoting a more-level playing field, the EU's Markets in Financial Instruments Directive has encouraged competition from new trading venues. Investment services firms should evaluate the offerings from Chi-X, Equiduct and Turquoise to see if they should be used in their best execution efforts.

Table Of Contents
  • Overview
  • Why It's Different This Time — MiFID
  • The New Entrants
  • What the New Entrants Offer
    • Chi-X Europe
    • Equiduct Trading
    • Turquoise
  • Summary and Recommendations
    • Potential Users
    • Incumbent Exchanges

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