With a new head of trading and markets at the SEC, there is optimism that some of the complex market structure issues – such as make-taker incentives and sky-high market data costs — will be looked at in 2018. As these issues wait to be settled, buy-side traders are also grappling with the EU’s MiFID II rules on unbundling research payments from executions.
Here are some key takeaways on what matters to buy-side and sell-side traders, as discussed at Traders’ Magazine’sSecond Inaugural Market Structure Equity Town Hall.
Maker Taker: Dead or Alive?