New rules for stock exchange trading in Europe - "On the financial instruments markets".
As reported to foreign companies by the agency, changes to the rules of exchange trading on European markets are expected from January 3, 2018.
The law will focus primarily on trading operations involving bonds and derivatives, but the stock market will also be addressed.
If we highlight the main areas of innovation, we can note:
• Regular payments from brokerage companies for market research information. This means you can expect increased commissions when opening trades.
• 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 stock trading law aims to make European trading less shadowy, with its main objective being to prevent tax evasion.
However, most financial market counterparties are skeptical of these innovations, as offshore companies, which are the primary means of tax evasion, have not yet been abolished.
