Response to CESR's consultation on proposed advice on implementing measures for MiFID
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The London Stock Exchange has responded to CESR's consultation on its proposed advice on implementing measures for the Markets in Financial Instruments Directive ("MiFID"). The Exchange has urged CESR to take a flexible approach in its treatment of transparency for regulated markets to allow them to continue to innovate and develop efficient and transparent trading models. In addition the Exchange calls upon CESR to consider the importance to investors of reliable post trade data and to harmonise transaction reporting requirements across Europe.
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