EU MiFID II Market-Rule Revamp Advances With Equity-Market Rules
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The European Union took a step closer to completing the overhaul of market rules known as MiFID II as the bloc’s executive arm adopted technical standards on equity markets.
The so-called delegated act adopted on Wednesday by the European Commission sets out definitions of liquid markets for equity instruments. It follows two previous acts on how banks distribute research to clients and high-frequency trading.