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MiFID II SI services SI Identification and Reporting Solutions

MiFID II has introduced new requirements for SIs that deal on own account on an organised, frequent, systematic and substantial basis outside a regulated market, an MTF or an OTF, when executing client orders. In addition, the SI regime is extended to virtually all asset classes. The requirements apply to pre-trade and post-trade reportings as well as to quality of order execution.

Key Benefits

  • Deutsche Börse’s Regulatory Reporting Hub offers MiFID-investment firms ongoing monitoring of trading activities. Hence, you can detect sufficiently early, whether you have to register as systematic internaliser (SI).
  • Deutsche Börse offers SIs a one-stop full service that complements our other MiFID II related regulatory services (APA and ARM).

Our services

  • SI identification (MiFID II Art. 4 and Delegated Act as of 25 April 2016)
  • Pre-trade reporting (MiFIR Art. 14 and 18)
  • Quote and trade matching (MiFIR Art. 15 and 18)
  • Reference data reporting (MiFIR Art. 27)

Related products and services

MiFID II OTC trade reporting

MiFIR Transaction Reporting

MiFID II Best Execution Reporting Services