Forex
The conference of 19 and 20 January, outside of considerations of the market (subprime crisis, stock exchanges, asset management crisis) was an opportunity to verify the situation of banks and financial institutions the Italian state of the art post MiFID. Of particular importance to the opinion of the director general of ABI Giuseppe Zadra explained that the point of view of banks. According to authoritative opinion, "the Italian system" is characterized by the presence of a large retail and General score less exposure to the asset management than European countries. This raises the question on education at the counter (and related contracts to be submitted to the same score). Not easy to solve but the "question" of best execution for a product without a plurality of execution venues, but we think (we in the drafting of www.mifidnews.blogspot.com) that this is a problem of all the members of the MiFID not only at national level.
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