You better know deals
You better not bribe
Better not launder
ESMA’s telling you why
MiFID II is coming to town
They‘re checking reports
And transparency
ESMA’s regulating
Intermediaries
MiFID II is coming to town
They see your algorithms
They know your HFTs
They know if you’ve been market making
So follow the new rules, please
You better report
You better not lie
You better record
ESMA’s telling you why
MiFID II is coming to town
MiFID II is coming …
MiFID II is coming …
MiFID II is coming …
MiFID II is coming to town
© G.I. Joe, Research Analyst, JWG
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