MiFID 2. That it sounds like the latest Hollywood
blockbuster is apt. For, the long-awaited second installment of
Europe's Markets in Financial Instruments Directive will have
dramatic consequences for the region's securities market.
The sweeping reforms to be introduced under the directive
include new controls for high frequency trading, restrictions
on volumes of dark pool orders, the creation of new trading
venues or organised trading facilities, the imposition of
positions limits on trading firms in certain...