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MiFID II/MiFIR

MiFID II/MiFIR

Impact on the derivatives market

The revised Markets in Financial Instruments Directive (MiFID) and the accompanying Markets in Financial Instruments Regulation (MiFIR) regulate the provision of investment services in a multitude of financial instruments at regulated trading venues as well as in OTC trading.

Deutsche Börse Group can put you on a fast track to fulfilling regulatory reporting requirements. They will help you meet current and future regulatory obligations easily and efficiently by offering various reporting solutions.

 


Time line

The new legal framework entered into force on 1 July 2014, while the application of the new regulation was postponed to 3 January 2018. 

Eurex works towards achieving full MiFID compliance well ahead of the application date. Any technical changes required to achieve compliance with the MiFID II /MiFIR regulations will be implemented particularly in new releases of our T7 and C7 systems well ahead of the go-live date of the new regulations in January 2018.

Detailed information on the changes to be implemented (i. e. technical and functional release notes) will be published as usual about six months ahead of their introduction date. Every release will be preceded by an approximately six week simulation phase.

On this website we will keep you fully informed on any further developments and in particular all MiFID related changes in Eurex systems and processes that might impact  market participants.

We have set up a dedicated project team taking care of all MiFID requirements and their implications on Eurex. You can contact this project team via regulatory.support@eurexchange.com to address any questions you may have or to align on the implementation of MiFID requirements. You can, of course, also always contact your Key Account Manager.

To support efficient communication, we kindly ask trading participants, clearing members and ISVs to register a "Regulatory Coordinator" in the Member Section of our website.

If you require assistance with anything, or have questions, concerns, comments or proposals, please contact your Key Account Manager or your Regulatory Support Team at  regulatory.support@eurexchange.com

ETD Off-Book business prepares for MiFID II

Randolf Roth

For the last two years Eurex has been heavily engaged with understanding how MiFID II will impact its business and how to address these new regulatory hurdles. Eurex was also determined to understand how the new regulatory regime would affect its members so that it might be able to use its existing expertise to solve not only its own compliance requirements, but also those of its members by providing genuinely innovative solutions. Read the article with Randolf Roth on how the ETD off-book business prepares to cope with the upcoming challenges.

MiFID II – What the industry can expect over the next 600 days

New content item

This article in GLOBALTRADING by Dr. Sandra Bramhoff, Senior Vice President, Cash Market Development, Deutsche Börse AG, covers the considerable impact that 1000 pages of new and revised rules the industry has to absorb over the next 600 days, will have on the market structure.

 

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