Regulation

Mifid II is one week old: here is what we know so far

The first days of the European Union's transformative trading directive have not gone 100% to plan

The trading floor at the German stock exchange
The trading floor at the German stock exchange Photo: Getty Images

Sweeping reforms to the way securities are traded across the European Union came into force a week ago today — and things have not gone 100% to plan for regulators and its architects.

The revised Markets in Financial Instruments Directive was a decade in the making and designed to make trading in shares, bonds and derivatives safer and more transparent and competitive.

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