Financial Times FT.com

European opportunities: Mifid to pave way for foreign bet operators

By Jennifer Hughes

Published: June 15 2007 09:58 | Last updated: June 15 2007 09:58

What’s the betting other European countries take up spread bets in the same enthusiastic way Britons (and Australians) have?

From November, the Markets In Financial Instruments Directive (Mifid) will lift restrictions on some forms of betting within the European Union, simplifying the legal framework for foreign operators and paving the way for spread-betting companies to offer their services across the region.

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