Analysis: What Were the Biggest Worries of CFD Brokers and How Did MiFID II Change Their Expectations?

[kreslik.news]

Introduction of MiFID II regulations was one of the hottest topics at the end of 2017. Industry participants were in difficult position and contrary to popular belief not all of them were properly prepared for upcoming reality. What were they worried about and how current situation reflects their worries and intentions?

One would think that the industry would have had enough time to prepare for MiFID, II given that the proposal was first heard in 2011 and consultations were available throughout this whole period, including Q&A documents offered by the European Securities and Markets Authority (ESMA). But as Finance Magnates has ... (read more)