EU OKs MiFID 2; ESMA Wades into Details


The data provisions of the regulation, known as MiFID 2, are no surprise to market participants, who must now wait for securities watchdog the European Securities and Markets Authority—in consultation with market experts—to define the technical details that will drive the directive’s practical implementation.

“The devil is in the details,” says Graham Dick, head of client relationship management at pan-European equities exchange Aquis and former co-founder of the The COBA Project, an independent

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