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MiFID II frame

MiFID II

MiFID II will have a significant impact on financial institutions providing services in the EU. Hogan Lovells has created this site to help firms understand what will change under MiFID II, and how those changes may affect their business.

Derivatives

Standardised derivatives will be required to trade on-exchange

Derivatives

As part of a wider global trend towards derivatives reform, MiFID II is intended to encourage derivatives trading to move from over-the-counter ("OTC") trades to trading on exchanges.

MiFID II recognises that a role remains for bespoke contracts for which it would be difficult to mandate exchange-trading, so the reform is aimed only at standardised contracts.

The focus of ESMA has been to determine how to identify which contracts should be subject to this trading obligation.

Please click the link below to view our briefing note on this topic.

  • About MiFID II
  • Algorithmic and high-frequency trading
  • Commodity derivatives
  • Data reporting services
  • Derivatives

    Derivatives

    Standardised derivatives will be required to trade on-exchange

    Derivatives

    As part of a wider global trend towards derivatives reform, MiFID II is intended to encourage derivatives trading to move from over-the-counter ("OTC") trades to trading on exchanges.

    MiFID II recognises that a role remains for bespoke contracts for which it would be difficult to mandate exchange-trading, so the reform is aimed only at standardised contracts.

    The focus of ESMA has been to determine how to identify which contracts should be subject to this trading obligation.

    Please click the link below to view our briefing note on this topic.

  • Investor protection
  • Transaction reporting
  • Market infrastructure, trading venues and CCPs
  • Member state implementation
  • MiFID II texts
  • Pre- and post-trade transparency
  • Third country access

Contacts

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