Survey finds most firms prepared for Mifid

Around 84% of European firms have made adequate preparations for markets in financial instruments directive (Mifid), according to a survey conducted by technology providers SunGard and TradeTech.

The survey of 230 people from twelve European countries confirmed the commonly held belief that Mifid was likely to be "the biggest change in the European financial services industry for over a decade". However, according to the results, the industry remained divided as to the...