MEPs split on how to protect package trades from Mifid II

Ferber warns amending text "risks opening Pandora's box"

European Parliament Brussels
EU parliamentarians are cautious of changes to Mifid II

Legislators are divided on how to protect so-called package trades from Europe's trading and transparency rules, with time running out for any attempt to fix the rules themselves.

Industry lobbyists and national regulators agree that packages – which require the simultaneous execution of two or more instruments – need special treatment in the pre-trade disclosure requirements in the updated Markets in Financial Instruments Directive (Mifid II), but the European Commission and members of the

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