Industry Weighs in on EC’s MiFID Review

European commission

The European Commission has extended the comment period for market participants to respond to its two-month consultation on its review of the Markets in Financial Instruments Directive (MiFID), after requests from unnamed market participants—though responses made public so far appear to support a market-led consolidated tape for pan-European post-trade data.

As well as addressing market data aggregation, the EC’s review—dubbed MiFID 2—aims to expand the initial MiFID regulation to address pre-

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