White Paper

MiFID II - Key Impacts for Trade Surveillance & Communications Monitoring

Company: Nasdaq

Nasdaq case study

Category: MiFiD

Published: 08 November 2017

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Overview

MiFID II is very different in focus and scope from last year's Market Abuse Regulation (MAR) which specifically and narrowly targeted the trade surveillance function and the responsibility of participants to detect and avoid carrying out various forms of market abuse.

Nevertheless, there are some key components of MiFID II which directly impact the trade surveillance function and technology, creating a number of new responsibilities and obligations for market participants.

This white paper provides a overview and checklist of the key elements of MIFID II (and its accompanying Regulation - MiFIR) which are likely to create new obligations for your trade surveillance function. It further explores the regulatory technical standards issued and their area of influence. 

Categories related to MiFiD