Week InReview: December 8, 2017
The European Union's MiFID II law that takes effect next month is expected to drive a significant, rapid shift in trading of bonds and derivatives to electronic and other trading venues. A Deloitte survey of a dozen buy-side firms showed the law will lead to a decline in private, over-the-counter, trading in many common contracts. "MiFID II will transform the market structure for non-equities," Deloitte said.
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