Welcome: Guest

log in

MiFID

Convergence towards a unified European capital markets industry

Publication Date September 2006
Publisher Risk Books
Product Type Book
Pages 342
ISBN Number 1904339417
Product Code RIS00357
MiFID
Price

£99.00
approximately: $171 | €126

PRINT £99 ($171 | €126)Buy Now
Order above formats by FAXOrder by FAX

Summary

Focusing on the three major elements embedded into the directive you will gain important insights into how the key aspects of this compulsory regulatory change affect you, these are:

  • Multilateral trading facilities;
  • Internalisation; and
  • Best execution.

Providing you with a single source of information on the newly issued regulation, this book includes its practicalities and a review of the potential impact on the industry. You will be given a practical understanding of the directive's impact on investment firms and develop a vision of the broader changes the directive will generate amongst industry players.

Bringing together the viewpoints of both academics and practitioners, possible ways forward are suggested and your understanding of how the industry will evolve over time will be increased. You are provided an exclusive insight into the tools and techniques that you can use to support these new regulatory requirements.

This invaluable reference and guide will serve as essential reading material for you and should be recommended reading for investment firms representing the entire capital markets value chain, from exchanges and new alternative trading systems, intermediaries, money managers and end investors

Content

  • Introduction
  • 1. Markets in Financial Instruments Directive: A desire to better integrate European capital markets
  • 2. The Development of Multilateral Trading Facilities and Electronic Communication Networks: A US example and the European reality
  • 3. An Emerging Pan-European Level Playing Field: Execution as a commodity business
  • 4. The Likely Impact of MiFID on Market Structures: Will transparency guarantee efficient and fair markets
  • 5. Best Execution: The (in)Famous Provision: A journey with Sisyphus and Icarus
  • 6. Transaction Cost Analysis: The state of the industry and research
  • 7. A New Framework for Advanced Transaction Cost Analysis: The EBEX indicators
  • Appendix: Level 1 Directive
  • Glossary
  • Index
About this Product
Delivery Details

PRINT/CD-ROM:UK 3-5 days; Europe, USA & Canada 5-7 days ; RoW 6-10 days

Ask a question about this product?

Recently Viewed Products
MiFID

Industry Events

NGN Strategies Congress

04 Dec 08 to 05 Dec 08
Frankfurt, Germany
view summary >>

CIO CEE Strategies

10 Nov 08 to 11 Nov 08
Prague, Czech Republic
view summary >>