Exchange Execs Cast Doubt on Mifid II's Best-Ex Reports

Experts warn venue reports will be unreliable and effectively bereft of value for investors.

Stock Chart

Under the revised Markets in Financial Instruments Directive and Regulation (Mifid II), trading venues, systematic internalizers and market-makers are required to disclose details on execution quality for trades that take place on their order books. Regulatory technical standard (RTS) 27 covers this, while RTS 28 requires firms to list their top execution venues and disclose how they achieved quality execution for clients. Collectively, these RTS represent a shift change in how best execution is

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Waterstechnology? View our subscription options

If you already have an account, please sign in here.

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 individual account here: