Nearly two - thirds of European buy - side fixed income firms are considering partnerships with three or more platforms and technology providers to achieve a competitive edge , while one in ten respondents will consider more than 100 technology solutions , according to a study from WBR . Meanwhile , 29 % of respondents said they reduced the number of counterparties they traded with by at least 50 % as a result of MiFID II 's best execution practices , while two - thirds had retained best execution practices because of the new regulatory framework .
Nearly two-thirds of European buy-side fixed income desks are considering partnerships with three or more platforms and technology providers to maintain a competitive edge, while one in ten respondents would consider more than six technology solutions, according to a study from WBR. Meanwhile, 29% of respondents said they increased the number of counterparties they traded with by at least 50% as a result of MiFID II's best execution rules, while two-thirds had altered best execution practices because of the new regulatory framework.