FYI: Though it has only been in place for three months, MiFID II, Europe's new regulatory market regime, appears to be changing how European investors trade exchange-traded products (ETPs).
New trade reporting data collected by Cboe Europe and distributed to clients suggest investors are moving from off-book, over-the-counter trading venues to on-exchange venues.
The first quarter's data on average trade values and volumes also reveal the European ETP market is significantly larger and more liquid than previously had been documented.
Regards,
Ted
http://www.etf.com/sections/features-and-news/new-light-shines-europe-etf-trading?nopaging=1
