From today, one of the EU’s most ambitious set of financial reforms will be implemented.
Markets in Financial Instruments Directive, or MiFID, II is an upgraded directive designed
to offer greater protection for investors and inject more transparency into all asset classes: from equities to fixed income, exchange traded funds and foreign exchange.
MiFID II will bring about a breadth of changes in the financial services industry including an extended scope for investment funds, institutional investors, banks and asset management firms to individual brokers, high-frequency traders based in the EU or involved in trading with EU based firms.
The question is. Who’s ready?