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ARTICLE · 27 DECEMBER 2017

Forex: Europe Ready For MIFID II

The imminent implementation of the new European directive MIFID II, a legislation created to regulate the markets and financial instruments, will make the financial market more transparent for savers and investors.

European UnionFinance and Banking

The imminent implementation of the new European directive MIFID II, a legislation created to regulate the markets and financial instruments, will make the financial market more transparent for savers and investors.

MIFID stands for Markets in Financial Instruments Directive. In fact, it is the instrument developed by the European Union to protect the ever increasing number of investors and savers that invest their money in the markets.

The first MIFID understood as long ago as on the 1st November 2007, before the online trading boom, that it would be necessary to add new chapters and definitions to their policies. The wait is at an end with the implementation of the MIFID II fixed for the 3rd January 2018.

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