The Big Interview: Paul Mingay
The head of credit at Morley Fund Management wants to see better transparency in the bond markets - but not at any price. Interview by Nikki Marmery
MiFID - the Markets in Financial Instruments Directive - comes into effect on November 1, 2007. The directive includes new pre- and post-trade transparency requirements for equity markets, which many expect will eventually be extended to the bond markets.
The sell side is quick to argue that increased transparency is not necessarily a good thing - but then they would: transparency means reduced
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