it seems that a significant consequence of the competition about by implementation of the markets ind financial directive mithod has been market fragmentation which has itself explosive growth of 
It seems that a significant consequence of the competition brought about by implementation of the Markets in Financial Instruments Directive (MiFID) has been market fragmentation which has, in itself, encouraged the explosive growth of HFT strategies.
It seems that a significant consequence of the competition about by implementation of the Markets in Financial Directive (MiFID) has been market fragmentation which has, itself, explosive growth of HFT strategies.