Mifid and forex in a nutshell

FEATURE

What is Mifid?

The Markets in Financial Instruments Directive (Mifid) was designed to help create a level playing field in the financial services market within the European Union (EU). The directive updates and replaces the Investment Services Directive (ISD).

Mifid was agreed by all EU Member States and is a central element of the EU Financial Services Action Plan (FSAP). It is a far-reaching piece of legislation, and sets out a comprehensive regulatory regime covering investment services and

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