EU REGULATIONS – MiFID
On 3 January 2018, the much delayed Market in Financial Instruments Directive (MiFID) and its accompanying Regulation (MiFIR), will finally take effect across the whole of the European Economic Area. MiFID II, as it is collectively known, is a complex and multifaceted piece of legislation that will have a profound effect on market operations and shape the world of trading in predicable and unpredictable ways for years to come.
In response to MiFID II, 360T will provide a fully compliant trading venue and, leveraging our unique relationship with our parent company, Deutsche Börse Group, we will help our clients to ensure that they are offered the most optimal and efficient solutions to help them comply with their own MiFID requirements.
From 3 January 360T will:
- Offer a MiFID authorised Multilateral Trading Facility (MTF) platform for trading FX derivative products including Swap, Forward, NDF, NDS and options,
- Offer a full range of solutions to support bespoke client needs in relation to transaction reporting and other regulatory matters through our partnership with Deutsche Börse Regulatory Hub; and,
- Continue to offer our TEX platform for trading in all FX and other OTC asset classes for non-MiFID Trading activities.
To keep clients informed of developments we will regularly post guidance and explanations on this website, including detailed responses to various Q&A’s. Alternatively, if you would like to explore what will be on offer and / or to discuss your future MiFID needs we would be delighted to hear from you. In the first instance please contact your relationship manager or, email queries to regulation@360T.com
360T can assure you that post the introduction of MiFID II, 360T will continue to meet your trading needs by providing a fully compliant, transparent and world class trading environment.