Trading

MEP says something is ‘seriously wrong’ with Mifid II bond numbers

Markus Ferber — who helped pen Europe's new trading rulebook — says efforts to improve bond market transparency are falling short

 European Parliament member Markus Ferber
European Parliament member Markus Ferber Photo: Getty Images

A prominent politician who helped craft Europe's new trading laws has raised concerns that rules to make bond markets more transparent are falling short — just months after coming into force.

European Parliament member Markus Ferber has warned of the "worryingly low" number of bonds currently subject to real-time reporting requirements under the EU's revised Markets in Financial Instruments Directive.

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