The number of smaller guys in the room is about to get bigger. No surprise that this will be a result of regulation - in this case the European Commission Markets in Financial Instruments Directive 2, or Mifid 2 - even if the new maestros are more sophisticated than the average bean counter. The new would-be kings that investment bankers may well have to anoint are those humble researchers who translate the trauma expressed in excel spread sheets into real life, ie. words. Let's be clear, this

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