New rules of exchange trading in Europe - “On the markets of financial instruments.”
As reported by foreign agencies, from January 3, 2018, changes are expected in the rules of exchange trading in European markets.The greatest influence in the law will be given to trading operations using bonds and derivatives, but the stock market has not been left without attention.
If we highlight the main areas of innovation, we can note:
• Regular payments from brokerage companies for information on market research. That is, you can expect an increase in commissions when opening transactions.
• Stock trading will become more open by reducing the volume of hidden transactions.
• Increasing requirements for indication - and this aspect concerns not only legal entities, but also individuals (ordinary traders) who participate in exchange transactions.
The new law on stock trading should make European trading less shadowy; its main task is to prevent tax evasion.
True, most financial market counterparties are skeptical of these innovations, because no one has abolished offshore companies yet. Which are the main option for tax evasion.