European Commission finally shuts down SI loophole
Potential loophole within the systematic internaliser regime under MiFID II has been source of controversy for months.
ESMA has made several clarifications on MiFID II implementation this week. The TRADE breaks down the key changes that you should be aware of.
ESMA outlines details of MiFID II’s systematic internaliser rules in latest Q&A.
Commissioner Valdis Dombrovskis outlines plans to shut down trading loophole under MiFID II.
Fixed income participants are still unaware of how SIs will affect their trading, according to panellists at The TRADE’s MiFID II pop-up event.
Kay Swinburne MEP told delegates at The TRADE’s MiFID II pop-up event she is aware of plans to use SI networking as a loophole to get around rules on equities trading.