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Mifid architect hints at compromise on trading rules

Markus Ferber, rapporteur for Mifid in the European Parliament, says curbs on HFT will be up for debate as negotiations move into their final stages

The MEP behind some of the most contentious proposals in new European trading rules has signalled a willingness to find common ground with co-legislators on rules affecting high-frequency trading and internal trading platforms operated by banks.

The comments from Markus Ferber MEP come ahead of key negotiations on the Markets in Financial Instruments Directive between the European Parliament, European Commission and Council of the European Union, which are due to begin next Thursday in Strasbourg.

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