Hearing in Paris offered little tangible to firms worried about their trading status
Europe has said clear guidelines on whether direct
electronic traders must be registered under the controversial
Mifid II have not yet been considered.
Last month FOW reported that thousands of firms may
have to become authorised to access European markets through a
direct electronic access provider.
The move would mean that many smaller firms would be forced
to cease trading via direct market access in Europe due to the
high cost of authorisation and the need for a physical presence
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