BNP Paribas upgrades trading platform to comply with EU rules

BNP Paribas, France's biggest bank, said on Thursday it has been building extensive transparency reporting platforms for the trading of all non-equity instruments and exchange-traded funds (ETFs) in response to new European Union rules.The EU's Markets in Financial Instruments Directive, otherwise known as "MiFID II", aims to push more trading onto regulated public exchanges where prices and participants are visible to all and comes into effect on Jan. 3.Banks are working on new electronic tradi