40% of participants delay implementation awaiting revisions
Nearly two thirds of market participants
have stated their preparations to implement Mifid II
regulations are proceeding as planned, according to a new
The findings are the result of a survey of
over 260 senior buy- and sell-side fixed income market
participants conducted at the annual MarketAxess and Trax
European Capital Markets Forum.
Last year, 73% of respondents to the
survey stated that they were holding off progress as the
industry waited for the publication of the level-2 text. This
year, some 40% of responded stated they are delaying
implementation awaiting further revisions.
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