Brussels, 13/05/2014 (Agence Europe) - On Tuesday 13 May, the Council of the EU formally endorsed the changes to the EU rules on financial instruments markets known as MiFID II.
Most of the changes will apply by 30 months after the rules come into force, and will boost transparency by allowing the trade of standardised derivatives solely on regulated trading platforms and banning anonymous trading in shares. A new type of trading facility, the organised trading facility, will be set up to...