Regulation of Securities Trading (MiFID) and The Evolution of Exchanges, Clearing & Settlement
- 30 January 2008
- journal article
- Published by Wiley in Financial Markets, Institutions & Instruments
- Vol. 17 (1) , 121-136
- https://doi.org/10.1111/j.1468-0416.2007.00137.x
Abstract
In this paper the author reflects on two major families of market development and regulatory change, both of which lie at the heart of our capital markets: the creation of an integrated securities trading market through MiFID; and the swift evolution in exchanges and post‐trade institutions which set in around the beginning of the new millennium.Keywords
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