European officials reach MiFID II agreement
The EU will curb high-speed trading and commodity speculation under an agreement reached by member states and the European Parliament. The revised Markets in Financial Instruments Directive, which will be implemented by the end of 2016, also will establish organised trading facilities, a type of trading platform for bonds and over-the-counter derivatives contracts.
Source: gfma SmartBrief
Download AFME’s news release.
Reuters (15 Jan.)
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