Order Execution Policy and Top Five Execution Venues Report 

Order Execution

The Markets in Financial Instruments Directive (MiFID) is the framework of European Union (EU) legislation which came into force in November 2007, this has subsequently been revised by MiFID II, which took effect in January 2018, and is designed to improve the functioning of financial markets in light of the financial crisis and to strengthen investor protection. 

MiFID II extended the MiFID requirements in a number of areas including new and extended requirements in relation to transparency.  Under MiFID we are required to develop, monitor and adhere to an Order Execution Policy which must be provided to clients.  MiFID II places an additional requirement to summarise and make public on an annual basis, for each class of financial instruments, the top five execution venues in terms of trading volumes, where we have executed client orders in the preceding year, together with information on the quality of execution obtained.

Below you will find links to our Order Execution Policy for Retail and Professional clients along with our Best Execution Top Five Execution Venues Report for 2017.

Retail & Professional clients

Order Execution Policy

Top Five Execution Venues Report