Blogs

In the past, European traders increased their allocation to algorithmic/direct market access (DMA) while reducing high-touch trading. This year, the biggest increase was seen in program trading by about 34%.

MiFID II went live on Jan. 3 without much fanfare, but the EU regulation is already  shifting trading behavior toward Large-in-Scale block trading venues and new venues called systematic internalizers run by banks and high frequency trading firms. FlexTrade’s Ivy Schmerken examines.