by Kiki Pentheroudaki
MiFID II is intended to regulate the use of automated trading to ensure a level-playing field for all market participants. In a two-part overview we will provide you with insight into how regulators are thinking. Part one focuses on the history of automated trading and MiFID’s proposals around market-making for high-frequency traders.
Automated or algorithmic trading is used by a wide range of market participants. Profits from high-speed trading in American stocks were ca. $1