TY - BOOK ID - 78532968 TI - The MiFID revolution AU - Casey, Jean-Pierre AU - Lannoo, Karel PY - 2009 SN - 1107191777 1282651528 9786612651526 0511768818 0511766580 0511769652 0511765193 0511767978 9780511769658 9780511770470 0511770472 9780521518635 0521518636 9781107191778 9781282651524 6612651520 9780511768811 9780511766589 9780511765193 9780511767975 PB - Cambridge : Cambridge University Press, DB - UniCat KW - Financial instruments KW - Capital instruments KW - Legal instruments KW - Negotiable instruments KW - Law and legislation KW - Law KW - General and Others UR - https://www.unicat.be/uniCat?func=search&query=sysid:78532968 AB - The Market in Financial Instruments Directive (MiFID) is nothing short of a revolution. Introduced on 1 November 2007, it will have a profound, long-term impact on Europe's securities markets. It will see banks operating as exchanges for certain activities, offering alternative execution services that more closely resemble the structure of over-the-counter markets, and will lead to the decentralisation of order execution in an array of venues previously governed by concentration rules. Crucially, MiFID will also have a profound impact on the organisation and business strategies of investment firms, exchanges, asset managers and other financial markets intermediaries. Until now, analysis has focused on the directive's short term implementation issues. This book focuses on the long term strategic implications associated with MiFID, and will be essential reading for anybody who recognises that their firm will need to make constant dynamic readjustments in order to remain competitive in this challenging new environment. ER -