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Keith Hiscock, CEO of Hardman and Co, and Yingheng Chen, Senior Financial Analyst at Hardman & Co, review the impact of MiFID II since it came into force on 3 January 2018.

The most notable impact, so far, has been among mid-cap companies listed on the LSE’s Main Market, with liquidity falling by 9.8% on a rolling 12-month basis. The analyst count is down 4.7% since January this year.

You can read the paper in full here (pdf).

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