MiFID (Markets in Financial Instruments Directive) is a European Union regulation designed to increase transparency in financial markets and standardize regulatory practices across the EU. It aims to protect investors and promote fair, efficient, and integrated financial markets by establishing requirements for investment firms, trading venues, and data reporting services. MiFID II (Markets in Financial Instruments Directive II) is an updated version of the original directive, further strengthening investor protection and market oversight. It covers aspects like algorithmic trading, high-frequency trading, and trade reporting requirements.
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