So far, the global economy has been suffering chiefly as a consequence of an economic standstill in China triggered by the outbreak of coronavirus. However, the situation could get far worse. At least two alternative scenarios for the future of the global economy are now on the table.
The new requirements of the MiFID II Directive, which enters into force on January 3rd, 2018, will significantly change trade of shares, bonds and derivatives in the European Union.
