Banks Are Worried Tech Systems Could Crash After Introduction of New EU Rules

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Bloomberg – December 21, 2017

PREVENTION: [working to prevent] Computers crashing, investors frozen out of markets and a heightened risk of fat finger mistakes

PREVENTION: Banks and asset managers have spent years preparing for the revised Markets in Financial Instruments Directive

ROOT CAUSE: there has been so much late breaking news on MiFID II that everyone is behind…