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Thomson Reuters wants market data reform

Data giant Thomson Reuters has detailed a set of proposals aimed at giving traders a clearer and cheaper view of share pricing across Europe’s stock markets, where trading has become increasingly fragmented since the introduction of Mifid over two years ago.

The data vendor polled 20 buyside firms on the ease of accessing pricing data following the November 2007 introduction of Mifid and found the competition and fragmentation enabled by the European Commission act has made this more difficult.

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