Traders split on Mifid 2 success, structured products beat ETPs

Traders disagree over whether the markets in financial instruments directive (Mifid 2) has been successful, although a combined 70% of surveyed traders of the Swiss exchange believe that trading has become more transparent - a key goal of the new regulation, according to new research by Six. Paradoxically, only 26% believe that dark liquidity will shift to lit markets, highlighting the failure of a key aspect of the regulation. The survey also shows that traders are also divided as to where dar