MiFid the killer of old style order execution

November will be a hot month for all banks and brokers in Europe as MiFiD will be implemented. It even looks like some of the trading venues of those brokers and banks can pick up a Darwin award. Those who invested heavily in technology in the past years (mainly the US and UK based prime brokers) will have a huge edge to those who didn't and it looks like there are still a view of those around in Europe. Problems could be there for those mid- tier investment banks and brokers that still execute their trades like they did back in the 90's. It looks like MiFid could be the expensive enforcer of Trading 2.0.