EU Plans Tougher Trading Rules for Banks, Brokers

EU Plans Tougher Trading Rules for Banks, Brokers
Share trading inside banks must be regulated directly and all derivatives eligible for clearing should be traded on an electronic platform, draft European Union plans showed on Thursday. The EU’s executive European Commission is due next week to publish its plans for sweeping reforms of the bloc’s markets in financial instruments directive (MiFID) which forms a cornerstone of the single capital …

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