Is MiFID to blame for thin trading or is everyone on holiday?
Volume of shares traded in Stoxx Europe 600 Index around quarter lower than 30-day average, third lower in Euro Stoxx 50 Index
Traders have been hit hard by the January blues this year. Already dealing with seasonally low trading volume, the biggest shakeup to European regulation in a decade is making things even worse.
The volume of shares traded in the Stoxx Europe 600 Index was about a quarter lower than the 30-day average, and a third lower in the Euro Stoxx 50 Index. Multiple traders, speaking off the record, said that the start of MiFID II rules is compounding light trading due to the holidays. Trading volume also slumped ahead of the changes, according to two brokers with knowledge of the matter.
To keep reading
please sign up for free!
Already have an account? Sign in here.
Editor's Picks
Euro reform
—
22.06.2018
Eurozone finance ministers back new powers for ESM
Benefits
—
20.06.2018
Luxembourg refutes cross-border unemployment plan
Tax
—
20.06.2018
UK companies to face pre-Brexit tax bombshell from EU
