Mifid requirements 'naïve' & 'terrifying'

As the regulators mull over feedback on Mifid II and work on further details for the technical implementation of the regulations, participants are left to use the media to get their message across to either other participants or the law makers. And then, slowly the gloves come off.

According to Banking Technology, speakers at the FIX trading community named the measurments that participants needed to make terifying and the CEO of Chi-X Europe went as far as saying that the regulators have shown a level of naïvety.

The full article can be found here