Bats Launches New Portal Tracking MiFID II Progress, Company Agenda

by Jeff Patterson
  • Bats has launched a newer portal ahead of the MiFID II passage, helping inform users and the market of its plans.
Bats Launches New Portal Tracking MiFID II Progress, Company Agenda
Bloomberg

Ahead of the Markets in Financial Instruments Directive (MiFID II) legislation slated to come into effect on January 2018, Bats Europe (Bats) has already taken concrete steps to help understand and focus on the ramifications and complexities of the initiative. This has culminated in the dedication of resources to weighing its own internal development projects ahead of the passage of the landmark legislation.

The new world of Online Trading , fintech and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.

MiFID II is the EU legislation regulating firms provide services to clients that are linked to 'financial instruments', i.e. shares, bonds, and derivatives, among others and the venues where those instruments are traded. To date, its initial iteration has been one of the most ambitious and divisive reforms ever introduced by the EU, following the 2008 financial crisis. The legislation in its present and future form aims to govern the flow of the aforementioned instruments as well the measures to reduce Volatility conflicts of interest among financial advisers.

While the MiFID II regulation itself has been in a state of flux since being postponed to 2018, this has not stopped Bats from launching an informative site that tracks its own progress as well as informing the market of its key activities across industry initiatives.

The new portal can be accessed via the following link on Bats website, essentially covering to date its overarching strategy and developments in the regulatory space, dedicated to MiFID II. The launch of the site also comes at a key time for the venue, given the groundswell of questions and queries ahead of its passage – Bats has been one of the more proactive players in this regard, having regularly outlined its MiFID II plans and progress in recent quarters.

Bats’ site will be updated on a regular basis and currently details a range of updates and topics, with insights from working groups and other entities all aiming to cast light on the broader initiative of the regulatory passage.

Ahead of the Markets in Financial Instruments Directive (MiFID II) legislation slated to come into effect on January 2018, Bats Europe (Bats) has already taken concrete steps to help understand and focus on the ramifications and complexities of the initiative. This has culminated in the dedication of resources to weighing its own internal development projects ahead of the passage of the landmark legislation.

The new world of Online Trading , fintech and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.

MiFID II is the EU legislation regulating firms provide services to clients that are linked to 'financial instruments', i.e. shares, bonds, and derivatives, among others and the venues where those instruments are traded. To date, its initial iteration has been one of the most ambitious and divisive reforms ever introduced by the EU, following the 2008 financial crisis. The legislation in its present and future form aims to govern the flow of the aforementioned instruments as well the measures to reduce Volatility conflicts of interest among financial advisers.

While the MiFID II regulation itself has been in a state of flux since being postponed to 2018, this has not stopped Bats from launching an informative site that tracks its own progress as well as informing the market of its key activities across industry initiatives.

The new portal can be accessed via the following link on Bats website, essentially covering to date its overarching strategy and developments in the regulatory space, dedicated to MiFID II. The launch of the site also comes at a key time for the venue, given the groundswell of questions and queries ahead of its passage – Bats has been one of the more proactive players in this regard, having regularly outlined its MiFID II plans and progress in recent quarters.

Bats’ site will be updated on a regular basis and currently details a range of updates and topics, with insights from working groups and other entities all aiming to cast light on the broader initiative of the regulatory passage.

About the Author: Jeff Patterson
Jeff Patterson
  • 5341 Articles
  • 90 Followers
About the Author: Jeff Patterson
Head of Commercial Content
  • 5341 Articles
  • 90 Followers

More from the Author

Institutional FX

!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}