Course Detail()

Programme Objectives

On completion of this tutorial, you will be able to:

Recognize the impact of the MiFID II regime on financial market participants and structures and par, including organized trading facilities (OTFs), systematic internalizers (SIs), derivative trading obligations, market access, and dark pools and broker crossing networks
Identify how MiFID II aims to improve both pre- and post-trade transparency
Recognize the importance of transaction reporting and governance under the MiFID II framework
Quantify the impact of MiFID II on the various business lines of financial institutions

Programme Overview

MiFID II is a package of EU legislation that regulates firms who provide services to clients linked to financial instruments and the venues where those instruments are traded. This tutorial covers the main areas covered by the MiFID II regime, including market structure, market transparency, investor protection, and transaction reporting

Programme Outline

Topic 1: Market Structure

Organized Trading Facilities (OTFs)
Systematic Internalizers (SIs)
Changes to the SI Regime
Derivative Trading Obligations
Market Access
Dark Pools & Broker Crossing Networks

Topic 2: Market Transparency

Pre-Trade Transparency
Post-Trade Transparency

Topic 3: Investor Protection

Product Governance
Investment Advice
Suitability
Suitability Reports
Appropriateness
Inducements
Investment Research
Best Execution
Conduct of Business: Product Coverage

Topic 4: Transaction Reporting & Governance

Transaction Reporting Requirements
Commodity Derivatives: Limits & Trading Restrictions
High Frequency Trading (HFT)
High Frequency Trading: Controls
Internal Control & Governance

Topic 5: Impact on Firms

Impact on Firms
High-Level Impact
Buy-Side & Sell-Side Impact
Third-Country Access
Third-Country Access: Models

Intended For

All

Schedule & Fees

Testimonial

Funding

No funding Available!

Programme Facilitator(s)