MiFID - Catalyst for a New Trading Landscape in Europe?

24 Pages Posted: 21 May 2008 Last revised: 16 Mar 2011

See all articles by Peter Gomber

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.

Keywords: MiFID, Securities Markets Regulation

Suggested Citation

Gomber, Peter and Chlistalla, Michael, MiFID - Catalyst for a New Trading Landscape in Europe?. Available at SSRN: https://ssrn.com/abstract=1134763 or http://dx.doi.org/10.2139/ssrn.1134763

Peter Gomber

Goethe University Frankfurt Faculty of Economics and Business Administration ( email )

Grueneburgplatz 1
Frankfurt am Main, 60323
Germany

HOME PAGE: http://www.efinancelab.de/no_cache/team/?user_wiwipubs_pi2[showUid]=478

Michael Chlistalla (Contact Author)

Goethe University Frankfurt Faculty of Economics and Business Administration ( email )

Grueneburgplatz 1
Frankfurt am Main, 60323
Germany

HOME PAGE: http://www.efinancelab.de/no_cache/team/?user_wiwipubs_pi2[showUid]=686

Register to save articles to
your library

Register

Paper statistics

Downloads
123
Abstract Views
720
rank
226,131
PlumX Metrics