Summary
MARKET experts are predicting a rush of foreign finance houses coming to London after European regulations opening up share trading to more international competition become law this week.
The Market in Financial Instruments Directive takes effect on November 1 and is intended to create a single market across Europe for financial products. Under Mifid, stockbrokers must pursue 'best execution' when acting for private investors, meaning they must shop round for the best place, price and timing to buy shares for clients.See the full content of this document
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Mifid to Spark Dash for the City
Investors have been recei...
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