MiFID starts to bite as US ECN BATS launches in Europe
BATS Trading has announced plans to launch in Europe, putting further pressure on traditional exchanges. Their aim is to capitalise on the opening of the European markets to new execution and trading venues, such as Chi-x, Smartpool, Turquoise, Virt-x, MarkitBOAT, Rainbow and more. Something that has been actively promoted by the implementation of Europe’s Markets…