Hedge funds take laid-back approach to Mifid ‘best ex’ reports

Many firms testing new rules on public disclosure of top execution venues and brokers

As Mifid II rules on public transparency and disclosure kicked in this week, many hedge fund firms appeared to be taking a laid-back approach to publishing their first RTS 28 “best execution” reports. As of lunchtime on deadline day on Monday, only a fraction of billion dollar managers had published