MiFID II liquidity drought deepens as research coverage continues to fall

Mid-cap AIM stocks hardest hit

Mike Sheen
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MiFID II has resulted in "predicted drops in liquidity and research coverage"
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MiFID II has resulted in "predicted drops in liquidity and research coverage"

Almost a year on from the introduction of MiFID II, the regulatory framework has already contributed to a reduction in trading liquidity and broker research across most areas of the market.

MiFID II, which took effect on 3 January, requires buy-side firms to pay for research as an 'unbundled' product, separate from other broker services. MiFID II drives liquidity drought as broker research coverage...

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