Publication
Feb 2011
The survey aims to investigate the actual implementation of the Markets in Financial Instruments Directive (MiFID), two years after it came into force. A general finding of this survey is that MiFID rules have had a positive impact, in particular, through a greater competitive environment that promoted, most of all, cuts in trading fees and massive investment in technologies and infrastructure. The impact of the Directive, however, remains highly controversial in terms of data quality and implementation costs.
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English (PDF, 29 pages, 282 KB) |
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Author | Diego Valiante, Bashir Assi |
Series | CEPS ECMI Research Reports |
Issue | 6 |
Publisher | Centre for European Policy Studies (CEPS) |
Copyright | © 2011 European Capital Markets Institute (ECMI) |