MiFID : Convergence Towards a Unified European Capital Markets Industry

The focus is on the three major elements embedded into the directive.

The reader will gain insights into how the key aspects of this regulatory change affect them, these are: Multilateral trading facilities, Internalisation, and Best execution.

This book includes its practicalities and a review of the potential impact on the industry.

The reader is given a practical understanding of the directive's impact on investment firms and develops a vision of the broader changes the directive will generate amongst industry players.

Written by both academics and practitioners, possible ways forward are suggested along with the evolution of the industry over and an insight into the tools and techniques that can be used to support these new regulatory requirements.

This reference and guide will be useful to for investment firms representing the entire capital markets value chain, from exchanges and new alternative trading systems, intermediaries, money managers and end investors.