Trading in hundreds of European stocks may be disrupted when the region’s regulator starts restricting transaction volumes from mid-March, in what could be a more sweeping crackdown than anticipated.
“This is one of the biggest changes under MiFID II,” said Richard Semark, head of UBS Group AG’s multilateral-trading facility. “It will alter trader behavior as suspended stocks move to alternative venues.” He says that even more stocks may be suspended now if January and February data are taken into account as well as the 2017 period.