Kilburn's Corner: While MiFID 2 Sleeps, London Burns

MiFID may be delayed, but other initiatives continue apace.

fayekilburn2

Steven Maijoor, chairman of the European Securities and Markets Authority (ESMA), laid the blame for the delay squarely on technology. In a statement directed at the European Parliament, he stated that IT concerns will make it impossible to meet the Jan. 3, 2017, deadline.

Meanwhile, London’s burning. Or more precisely, the London Stock Exchange’s new fees for its Level 1 and Level 2 market data are burning a hole in the pockets of market data managers across the City. The LSE’s revenues from re

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: