WMBA rebrands as Evia
Decision reflects changes at the industry association following the implementation of Mifid II
The Wholesale Markets Brokers’ Association (WMBA) has announced it has changed its name to the European Venues and Intermediaries Association (Evia) to reflect changes to the role of interdealer brokers, following the implementation of the second Markets in Financial Instruments Directive on January 3.
The new system of categorising market participants under Mifid II means the association’s members will become operators of venues as either organised trading facilities (OTFs) or multilateral
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