MiFID II posed a significant number of challenges for trading firms across Europe, but its regulatory impact has perhaps not been as dramatic as many had anticipated. Although many analysts predicted the imminent failure of smaller market players and potentially serious consequences for firms undertaking systematic internalization, the regulation came into play without creating quite the level of disruption that many had feared.
This suggests that, although the introduction of some measures been pushed into 2019, the time is now ripe for firms to start thinking about working within the rules to actually create value. Not just comply. This means leveraging technology to improve trading strategies, enhance automation and foster business expansion, moving away from the manual workarounds initially implemented and turning the challenges of MiFID II into competitive opportunities. Find out how in out latest MiFID II booklet.