What effect will MiFID II have on market structure?
In the first of our PMQs (Programme Managers’ Questions), I examine the section of the EC’s Public Consultation paper on the Review of MiFID concerned with Developments in Market Structures.
With the Consultation Paper, the EC sought market input on a number of aspects of market structure reform – the creation of OTFs (what are these, you may well ask?), automated trading, systematic internalisers, market surveillance and so on.
Of course you’re free to read the entire EC paper but, for my take on some of these issues and their likely impact on the way we, and our customers, will operate under MiFID II, click here.
I’d love to hear your views, so please do leave a comment!
Coming soon on PMQs: Pre- and Post-trade Transparency.
