Image
October 21, 2011

MIFiD 2

The European Commission released their update to MIFID this week, now pushing into the OTC markets by defining how trades should be executed on an OTF.

  1. Reaction from ISDA and others here: http://on.ft.com/oqP5FO
  2. Press release: http://europa.eu/rapid/pressReleasesAction.do?reference=MEMO/11/716&format=HTML&aged=0&language=EN&guiLanguage=en
  3. MIFID 2 page: http://ec.europa.eu/internal_market/securities/isd/index_en.htm
  4. The proposed regulations themselves: http://ec.europa.eu/internal_market/securities/isd/mifid_en.htm
  5. Excellent microsite by LinkLaters on the topic: http://www.linklaters.be/Publications/MiFIDII/Pages/MiFIDII.aspx

On the Directive PDF (link 4 above), bottom of page 72, begins the rules for an OTF, and references “Articles 24, 25, 27 and 28” within the same document. The LinkLaters site is being updated following this weeks update, and is the easiest to navigate.


Popular
Most Viewed

Image

Related Articles


September 15, 2022

Tradefeedr Hires Alexis Fauth as Head of Data Science and Client Analytics




2 MIN



FX


September 6, 2022

Siege FX announces the launch of NetFix




2 MIN



FX


August 2, 2022

OSTTRA and LCH collaborate to reconcile bilateral OTC trade data




2 MIN



Post Trade Processing