Publisher's Synopsis
The Markets in Financial Instruments Directive (MiFID) is thebiggest change programme Europe's capital markets have everattempted. It takes all the protection away from Europe'sStock Exchanges and forces investment banks, brokers and dealers toguarantee best execution. The organisational, process andtechnology changes demanded by the MiFID are massive.
In order to understand these challenges, industry commentatorChris Skinner has gathered the views of Europe's leadingfigures in the MiFID community to discuss its implications. From anintroduction from the European Business School and EuropeanCommission, through the views of leaders in the key constituenciesof MiFID Connect and the MiFID Joint Working Group, through toorganisations supporting the markets such as Reuters and SWIFT,this book provides a 360-degree perspective of the world ofinvesting in Europe's markets after the MiFIDimplementation.
Anyone who has anything to do with dealing, trading andinvesting in European equities and instruments will find this bookan essential guide to the markets now and into the future. Withthis book as their guide, readers will understand:
The key MiFID business issues
How to implement the directive
How it will affect the markets once it comes intoforce
