MiFID - Catalyst for a New Trading Landscape in Europe?
Peter Gomber
Goethe University Frankfurt Faculty of Economics and Business Administration
Michael Chlistalla
Goethe University Frankfurt Faculty of Economics and Business Administration
Abstract:
The Markets in Financial Instruments Directive (MiFID), successor of the 1993 Investment Services Directive, is the new regulatory framework for securities services and securities trading in the European Economic Area (EEA) and will have to be applied by Regulated Markets and Investment Firms from November 1st 2007. It is expected to trigger fundamental changes in the European trading landscape. The objective of this paper is to assess the implementation status of the MiFID projects at execution venues across Europe, the range of new trading services and products launched as well as the competitive dynamics triggered by the new Directive.
Number of Pages in PDF File: 24
Keywords: MiFID, Securities Markets Regulation
working papers series
Suggested Citation
Gomber, Peter and Chlistalla, Michael, MiFID - Catalyst for a New Trading Landscape in Europe?. Available at SSRN: http://ssrn.com/abstract=1134763 or http://dx.doi.org/10.2139/ssrn.1134763
