[This message was posted by Elisabeth Samuels of RTS Realtime Systems Group 
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Join RTS for this one-of-a-kind roundtable debate gathering five of the most 
successful Multilateral Trading Facilities (MTF) and officials from the leading 
equity exchanges.

With MiFID well into its second year, it is about time to evaluate the impact 
of the directive on the European equity markets. The concept of MiFID was 
implemented in a period of economic growth and prosperity to achieve greater 
price transparency, increase investor protection, ensure best execution and 
open up a market that was mainly controlled by a few big players

May 19th, Frankfurt
Steigenberger Frankfurter Hof
Am Kaiserplatz
Room: Salon 15

May 20th, Amsterdam
De Industrieele Groote Club
Dam 27
Room: Groote Zaal

June 10th, London
Venue: TBD 

Key Topics will include:
• Taking a step back- has MiFID succeeded? 
• What is the future for traditional exchanges?
• MTFs vs. traditional exchanges- who is using them & why?
• Smart Order Routing- smart enough?
• Best Execution: "Explicit vs. implicit" trading costs
• Sponsored access, co-location, risk management

Panelists:
• ARCA Europe: Cees Vermaas, Exec. Director Sales & Rel. Mgt.
• BATS: Mark Hemsley, CEO, BATS European Markets Division
• Chi-X: Hirander Misra, COO
• NASDAQ OMX Europe: Todd Golub, COO
• Turquoise: Duncan Higgins, Head of Client Relationship Mgt.
• Xetra: Michael Krogmann, Exec. Director, Head of Sales

Moderated by John Howard, CEO & Publisher of Automated Trader 

Agenda:
5.30pm Registration 
5.45pm Welcome Speech
6.00pm Roundtable Debate
7.15pm Closing Remarks by RTS
7.30pm Cocktail Reception

Please email us at [email protected] to register for any of these events.

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