MiFID Group Kicks Off Discussion

INDUSTRY ISSUES

The MiFID Joint Working Group has created five sub-groups to study the implementation of the European Union’s Markets in Financial Instruments Directive.

The working group, which was formed last month (IMD, April 11), held its first meeting last Tuesday, May 3. There, attendees decided to focus on five areas where they can develop best practice recommendations and provide feedback to the regulatory authorities.

MiFID is designed to increase transparency as well as competition in the trading