THE
TRADETECH
THE OFFICIAL NEWSPAPER OF TRADETECH 2023
Daily
Featuring latest news alongside exclusive insights from buy-side speakers at the event , The TRADETech Daily gives you the inside track on what to expect both from the conference and the year to come .
Mifid post-Brexit : The current state of play
FOLLOWING RECENT REGULATORY MILESTONES IN THE UK AND EUROPE , THE TRADETECH DAILY EXPLORES MIFID II ’ S CURRENT STATE OF PLAY ON EITHER SIDE OF THE CHANNEL .
After several years of back and forth following the UK ’ s departure from the European Union , it appears regulatory discussions around Mifid II amendments in the UK and Europe are reaching a turning point .
Recent announcements on either side of the channel signify huge milestones , some of which pre-date Brexit all together . Not least among these are plans to implement a consolidated tape – something participants have spent decades lobbying for .
February was an exciting month from a regulatory perspective . In the space of one week , the markets saw two major decisions in the UK and Europe . First , was the European Parliament ’ s Economic and Monetary Affairs Committee
( ECON ) vote in favour of MEP Danuta Hübner ’ s draft report on Mifid II by a landslide majority .
Originally drafted in July 2022 , the report outlines amendments to the regulatory framework around the controversial practice of payment for order flow ( PFOF ), dark pool caps , and what form the much-coveted consolidated
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