Markets in Financial Instruments Directive
Resources
MiFID – the Markets in Financial Instruments Directive – comes into effect on 1 November 2007, when it will replace the existing Investment Services Directive (ISD). Our page brings you the latest news and analysis.
Boat buoyant but many i’s left undotted
The new price-reporting and display mechanism is fully operational, but bankers and investors report teething pains such as balancing mounds of paperwork
Dominant role of MTS could be undermined
There has been much speculation about the impact of the new Mifid rules on equity trading venues
Long road ahead before Mifid makes impact
Anyone looking for a sudden big bang change in the financial world, such as London went through in the mid-1980s, will be disappointed.
Brussels warns against Mifid breaches
Brussels plans to take tough action against European states that fail to implement the incoming Mifid in full, senior officials at the Commission have indicated.
Citigroup to launch smart ordering
The bank’s high-speed electronic system sniffs out the best price available for shares clients want to trade on competing exchanges once the Mifid takes effect
Marching orders in the Mifid revolution
The launch of European securities rules has focused attention on exchanges and the most severe impact may be on brokerages and investment banks which profit from trading
Spectre of Mifid haunts mid-tier banks
Brokerages and investment banks that profit from trading are set to feel the greatest impact of new European financial directive
Confusion remains as deadline looms
As Mifid goes into force, there is still substantial uncertainty as to which countries are ready and, within that, which companies are really prepared for the changes
Spain is chief of Mifid’s laggards
Legislation enabling the implementation of the Mifid directive is currently before the Spanish Senate and, barring amendments, should be approved in December
Institutions prepare for the consequences
The introduction of Mifid clears the way for changes in the European equity markets that could have far-reaching outcome for the way in which shares are traded
