EU Agrees on Tighter Oversight of ‘Dark Pools’

EU Agrees on Tighter Oversight of ‘Dark Pools’

European Union states reached a tentative deal Monday to tighten regulation of derivatives markets that sets finance ministers on a collision course with the European Parliament, opening the prospect of months of haggling over a compromise deal.

The rules, known as the Markets in Financial Instruments Directive II, or Mifid II, aim to create a regulated trading environment for over-the-counter derivatives and boost competition among clearing houses in the EU. They are part of an effort by nations of the Group of 20 large economies to shine a light on the more opaque parts of the financial system.

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This entry was posted in Articles, Breaking News, Dark Pools, Finance, High Frequency Trading, Regulatory Updates, The Wall Street Journal and tagged , , , , , , , . Bookmark the permalink.

One Response to EU Agrees on Tighter Oversight of ‘Dark Pools’

  1. Pingback: EU Agrees on Tighter Oversight of ‘Dark Pools’

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