The Presidency has published new compromise texts for the revised Markets in Financial Instruments Directive (MiFID 2) and Regulation (MiFIR). The changes to MiFID 2 focus on algorithmic trading, organised trading facilities (OTFs), and market transparency and integrity. The changes to MiFIR focus on liquidity of markets and instruments. (Source: Compromise Text for MiFID 2 and Compromise Text for MiFIR)