MEPs split on how to protect package trades from Mifid II
Ferber warns amending text "risks opening Pandora's box"
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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