markets in financial instruments directive (MiFID)

Markets in Financial Instruments Directive (MiFID) is a European directive that makes it easier for private and institutional investors to make investments within the European Union and beyond its borders.

The MiFID Directive creates uniform legal conditions in Europe for the distribution of financial products and the execution of investor orders. This directive affects securities trading and thus stock exchanges, banks and brokers.

MiFID directives represent a kind of certification for the trading companies with which the trader can operate throughout Europe. The MiFID directive has some advantages for customers, so by MiFID the trade becomes more transparent, he is protected against dubious traders and can expect, as far as the securities trade is concerned, the fastest and most favorable order processing.

The noble goal of MiFID obliges the financial service provider to act honestly and honestly in the interest of the customer. Otherwise, MiFID provides for sanctions.