The TRADE 50 | Page 63

[ M A R K E T R E V I E W | B E S T E X E C U T I O N ] “A good trader is curious about causation, interprets and adapts as market information changes.” MARK NORTHWOOD, FOUNDER, BIPS GLOBAL, “It’s clear from regulatory authorities that you need to set up a process and it’s not just about getting a single price.” PHILLIP ALLISON, CHIEF EXECUTIVE OFFICER, KCG EUROPE “It is possible to achieve best execution, in the regulatory sense.” MICHAEL RICHTER, DIRECTOR OF TRADING ANALYTICS, IHS MARKIT “We discuss with our clients what best practice is and share our views on how they can build a decision tree to identify best execution.” MARK PUMFREY, HEAD OF EMEA, LIQUIDNET Winter 2016 TheTrade 63