MiFID II Solutions: Regulatory Compliance
Find a solution by MiFID II objective
MiFID II Summary
In 2004, the European Community adopted the first Market in Financial Instruments Directive (MiFID I), which aimed to create a single European market for investment services and activities. Whereas MiFID I strove to create a single European equities trading market, MiFID II developed in response to the 2008 financial crisis. The legislation will extend and reform the original MiFID framework to the non-equities markets: derivatives, foreign exchange, cash, commodities and fixed income assets. Trades of all equity and non-equity assets will be required to occur in open, transparent trading venues. Execution of MiFID II is slated for January 3, 2018.