Europe has set the industry until early 2017 to be ready for Mifid II
The EU has set January 3 2017 as the start date for the
implementation of new derivatives rules in the revised version
of the markets in financial instruments directive (Mifid
From the beginning of 2017, all financial services firms in
Europe will have to be fully compliant with the new rules which
include algorithmic tagging, position limits on commodities,
open access to clearing houses and the establishment of
organised trading facilities (OTFs).
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