What Research Costs Under MiFID II

The video discusses the high costs of research across different regions, with the US being the most expensive. It highlights fee pressure in Europe due to transparency, leading to reduced research costs. The video also covers management changes at LSA, influenced by Chinese firms, and explores future research strategies, emphasizing quant research and alternative data.

Which region is noted for having the highest research costs?

• UK

• US

• Asia

• Europe

What is causing fee pressure in Europe regarding research costs?

• Increased competition

• Need for transparency and justification to clients

• Technological advancements

• Economic downturn

What prompted the management changes at LSA?

• Financial losses

• Influence of Chinese firms

• New market opportunities

• Regulatory changes

Which type of research is considered the most expensive?

• Technical research

• Market research

• Quant research in alternative data

• Macro research

What is the current state of macro strategies according to the transcript?

• They are thriving

• They are facing challenges

• They are being replaced by technical strategies

• They are becoming more popular