News & Views

Survey of asset managers finds only 6% ready for MiFID II best execution standards

Liquidnet, the global institutional trading network, published the high level findings of a recent survey of asset management firms that probed their views of best execution requirements under MiFID II. The study, entitled “Re-Engineering Best Execution,” found that just 6% of those surveyed believed they are currently ready to meet best execution requirements.  61% of respondents recognized their need to provide more granular detail to their policies, with a third planning to make changes to trading workflow, and over a quarter are specifically investing in technology to ensure a more systematic approach to best execution.