BNY Mellon: regulation to continue driving markets
As regulators and market participants evaluate Mifid II compliance
Regulation, one of the financial market’s recurring themes, will continue to play a big role in 2018, with the second Markets in Financial Instruments Directive taking effect on January 3, says James Taylor, head of foreign exchange electronic markets sales at Bank of New York Mellon.
“Most of the rules are known, but how they are implemented and how institutions set themselves up to operate within the rules may be different,” he says.
Once the rules are in place and regulators start offering
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