MiFID II/MiFIR – Key Requirements

Objectives

On completion of this tutorial, you will be able to:

• Recognize the impact of the MiFID II regime on financial market participants and structures and par, including organized trading facilities (OTFs), systematic internalizers (SIs), derivative trading obligations, market access, and dark pools and broker crossing networks

• Identify how MiFID II aims to improve both pre- and post-trade transparency

• Recognize the importance of transaction reporting and governance under the MiFID II framework

• Quantify the impact of MiFID II on the various business lines of financial institutions

Tutorial Overview

MiFID II is a package of EU legislation that regulates firms who provide services to clients linked to financial instruments and the venues where those instruments are traded. This tutorial covers the main areas covered by the MiFID II regime, including market structure, market transparency, investor protection, and transaction reporting.

Prerequisite Knowledge

None

Tutorial Level

Introductory

Tutorial Duration

60 minutes