European Capital Markets Institute
ECMI conducts in-depth research and informs debate and policymaking on a broad range of issues relevant to capital markets.
06.04.2017 from 13:00-15:45 at CEPS, Brussels
Under MiFID I transparency requirements were limited to equity instruments. MiFID II substantially expanded the scope of this transparency to cover also non-equity instruments. Such instruments can be traded not only on regulated markets (RMs), but also to multilateral trading facilities (MTFs), organised trading facilities (OTFs), and Systemic Internalisers (SIs). It remains to be foreseen how and to what extent the new transparency requirements will affect the current market structure.