Title :
Comparison of Securities Trading System between MiFID and Reg NMS
Author_Institution :
Sch. of Law, Shanghai Inst. of Foreign Trade, Shanghai, China
Abstract :
The two securities trading system of E.U. and U.S., MiFID and Reg NMS represent historical milestones in the development of modern day securities trading. Both MiFID and Reg NMS seek a balance between promotion of order flow integration and enhancement of competition between trading venues. Besides the general terminology, MiFID and Reg NMS are different with regard ´Best Execution´, transparency and market data.
Keywords :
securities trading; MiFID; Reg NMS; order flow integration; securities trading system; trading venues; Art; Consumer electronics; Economics; Europe; Investments; Security; MiFID; Reg NMS; Securities Trading System;
Conference_Titel :
Business Computing and Global Informatization (BCGIN), 2011 International Conference on
Conference_Location :
Shanghai
Print_ISBN :
978-1-4577-0788-9
Electronic_ISBN :
978-0-7695-4464-9
DOI :
10.1109/BCGIn.2011.12
