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MiFID (Markets in Financial Instruments Directive) set common market of financial services and unified standards for activity of investment companies in the European Union. This law is the part of EU plan aimed to create a common European market of financial services. Directive includes measures purposed to change and improve arrangement and operation of investment companies. Apart from requirements for transparency of transactions with securities, this paper expands range of instruments requiring authorization as well as provides investment companies with an opportunity to set branches in other countries of the European Union when license from national regulator is acquired.
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Forex encyclopedia “Clever FX” is the unique service created by FreshForex to introduce world of Forex to traders. The main purpose is to share knowledge of experienced traders with novice traders in simple and convenient form. Every trader will be able to learn something new here. If you are a professional trader, we invite you to write an article for “Clever FX” and get reward. Let's write Forex history together!
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