EU to Drill Into “Dog’s Dinner” of Share Trading Data
By Huw Jones
January 14, 2021, Reuters
The European Union will complete a fresh study of share trading data before drawing conclusions from a comprehensive review of market rules, an EU official said on Thursday, as exchanges demand more transparency from rival trading venues.
A reform of MiFID II, the EU’s rules on trading stocks, bonds and other securities, has become more pressing after Britain’s departure saw 6 billion euros a day of euro share trading shift overnight from London to the bloc last week.
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