Clear Street secures Mifid II license for Netherlands expansion
The authorisation – granted by the Netherlands Authority for the Financial Markets (AFM) – complements the firm’s ongoing expansion in Europe, and existing UK operations.
The authorisation – granted by the Netherlands Authority for the Financial Markets (AFM) – complements the firm’s ongoing expansion in Europe, and existing UK operations.
The AFM stated in a recent report the overall sentiment is that MiFID II has not yet delivered its goals in fixed income markets, and should be considered a work in progress.
Several major institutions have opted to establish Dutch entities as the UK prepares to leave the European Union.
Financial regulator in the Netherlands gives Bloomberg authorisation to establish a cross-border MTF in Amsterdam for its European clients.