Reuters - BNP Paribas upgrades trading platform

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BNP Paribas said on Thursday it has been building extensive transparency reporting platforms for the trading of all non-equity instruments and exchange-traded funds (ETFs) in response to new European Union rules.

Reuters reports that the EU’s Markets in Financial Instruments Directive, otherwise known as “MiFID II”, aims to push more trading onto regulated public exchanges where prices and participants are visible to all and comes into effect on January 3rd.

Banks are working on new electronic trading platforms structured as a “systematic internaliser” (SI) in response to these rules.

Hit the link below to access the complete Reuters article:

BNP Paribas upgrades trading platform to comply with EU rules

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