Mifid II Archive

Analyst coverage of UK small caps and companies listed on London’s Alternative Investment Market (Aim) actually increased over the 12 months following the implementation of Mifid II, according to new research from Hardman & Co – a finding that goes against pre-Mifid predictions.  ‘Coverage of Main Market small caps and Aim companies across the market-cap spectrum in...

Up to 230 stocks listed in the UK and EU are at risk from Brexit because of a Mifid II trading rule, according to a leading trading expert.  Christian Voigt, senior regulatory adviser at software trading company Fidessa and former vice president at Deutsche Börse, has published an analysis that finds 230 liquid stocks with a roughly 50/50 split of turnover across the UK and remaining EU memb...

As with research, Mifid II was predicted to have a profound impact on corporate access when it came into force at the start of 2018. As with research, however, the real impact a year on remains mixed – and more subdued than expected.  But that doesn’t mean things haven’t changed, with research by corporate access platform ingage showing how corporate att...

One of the many debated consequences of Mifid II was the anticipated reduction in small-cap coverage, but new research reveals this hasn’t been borne out in the first year of the European regulation. As part of the annual review into performance drivers of the Numis Small Companies Index (NSCI), the London Business School (LBS) finds that, while equity research has fallen by 8 percent since Mifid II came into force, so far there is no disproportionate reduction in...