Best execution – MiFID II requirements
What's the challenge?
On 1 August 2018 the European Securities and Markets Authority (ESMA) published the equities and bonds thresholds for systematic internaliser (SI) determination.
With a tight timeline from determination to best execution reporting, the race is on to prepare and comply. RTS 27 Now. We can show you the way.
MiFID II extends the requirements of best execution across all asset classes, whilst at the same time establishing a greater number of venues to aggregate.
It requires execution venues – as well as market makers and SIs – to publish execution reports as stipulated by the Regulatory Technical Standard (RTS) 27. In addition, buy-side investment firms must also publish execution reports under the RTS 28 standard.
How we help
How can Refinitiv help?
Best execution analytics, data and applications
Data, analytics and technology are the keys to proving best execution. As the market leader in aggregated data, we are uniquely positioned to address the relevant requirements of MiFID II.
Reporting, monitoring, and controlling
Our solution has the ability to absorb real-time, reference, tick-history, and client data, and in so doing lets you address the three fundamentals of best execution: reporting, monitoring, and controlling.
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Elektron Data Platform
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