British regulator said some non-EU firms should not be bound by Mifid II
The Financial Conduct Authority has said it does not expect
non-EU firms trading directly on European markets to be Mifid
II regulated but warned this might not be the opinion of the
Under the current Mifid II text all firms trading on
European exchanges through a direct electronic access (DEA)
agreement could be required to be regulated under Mifid II,
which would mean the firm must have a presence in
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