Abhishek Sachdev, CEO of Vedanta Hedging, was interviewed by Nell Mackenzie from GlobalCapital on this complex subject.
MiFID 2 is a European directive that affects all users of derivative products (such as hedging products for interest rates and foreign exchange).
It is designed to ensure fairer and more transparent rules for all market participants.
Given that Vedanta Hedging’s core philosophy is centred around increasing transparency for SMEs using hedging products, this is a welcome directive.
The article states:
Even financial advisers, which are not MiFID registered, are looking forward to the transparency MiFID will bring in terms of price data.
“When all you get is one quote you never know what is behind that,” says Abhishek Sachdev, chief executive of Vedanta Hedging, a derivatives expert who advises large property firms and public limited companies.
He continues: “We look forward to the transparency in derivatives markets that MiFID II will bring and provide for the customers we advise.”
The full article with Vedanta Hedging can be seen below:
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