Fese's Inel: Mifid II must focus over-the-counter transaction reporting

Fese: Mifid II must focus on deals in over-the-counter markets

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BRUSSELS – The remodelled Markets in Financial Instruments Directive (Mifid II) needs to focus on improving transaction reporting in over-the-counter markets, says the deputy secretary-general of the Federation of European Security Exchanges (Fese).

Burçak Inel says that, in formulating Mifid II, the EU must examine volumes of trading that happen in OTC markets. She says the Mifid review will probably look at "what is happening in terms of market shares in different trading venue types [and

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