MiFID II introduces a requirement for trading venues to record considerable amounts of data throughout the trading day. Some of this information is only available from our members.
RTS 24 – Order Audit Trail
Under Art. 25(2) of MiFIR and Art. 2 of RTS 24, trading venues shall keep at the disposal of their NCAs (National Competent Authorities) relevant data to identify the clients of their members. In order to comply with these "Record Keeping Requirements for Trading Venues" regulations, each exchange needs to obtain additional data from their trading members.
RTS 22 – Transparency reporting
MiFID II introduces a requirement for trading venues to transaction report on behalf of any non-EU regulated investment firm. Wiener Börse AG has to collect information from those participants, including details about buyer/seller and whether or not trades were short sales.
Wiener Börse AG is going to contact these members separately.
Wiener Börse AG requires:
- Member and trader reference data by the Legal Entity Identifier (LEI) of the member and the "National-ID" of all registered traders
- Short/Long code submission via SFTP (client/trader/algo identification)
- Transparency reporting from Non-EU Members
- Liquidity provision activity (pdf-file 60 KB)
Venues are also required to be able to block specific DEA clients as well as specific trader and algo IDs.