Final Call for Mifid II
National and privately owned stock exchanges across Europe, the heart and mind of the bloc’s financial marketplace, are gearing up for January 3, 2018, when Mifid II finally comes into force.
In July this year, Austria’s national exchange, Wiener Börse, launched its new trading system as part of its Mifid II compliance strategy. Bought from its Bavarian ally, Deutsche Börse, the so-called T7 system is specifically designed to offer all the necessary tools to both the exchange and its trading members in order to meet the requirements of the upcoming regulatory “tsunami.”
While most market participants have spent a lot of time speculating about how January 3 will affect both the buy
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