EUROPEAN PARLIAMENT BACKS NEW MARKET TRADING TRANSPARENCY RULES
October 1st, 2012
BY KEITH NUTHALL
NEW rules on transparently recording and executing financial market trades have been approved in principle by the European Parliament. MEPs supported a reformed EU market in financial instruments directive and regulation (MIFID/MIFIR) which insists all market players and operators "have transparent rules and procedures for executing orders efficiently and for determining which financial instruments may be traded..." The parliament plenary also approved limiting high-frequency algorithmic trading to ensure all orders are valid for at ...
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