The Trader 

Market Outlook: Mifid II today

The Trader

Financial regulators across the European Union today introduced new rules covering the Markets in Financial Instruments Directive – version two. Running to over 1.7m paragraphs it has already cost asset managers and banks $2.1bn, according to Boston Consulting and HIS Markit. It includes such basic things as time stamping orders and recording voice over telephone instructions and deals. German regulator BaFin late last night has granted Deutsche Börse another 30 months to enforce new rules as to where futures contracts are traded and cleared, the Financial Times reports.

To continue reading, register today

to enjoy limited access to the following:

  • Daily trading news
  • Funds coverage
  • Features on big investment themes
  • Comprehensive companies coverage
  • Economic analysis
Register
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now