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MiFID-IIMiFID

Newsletter

The entire securities trading business within the EU will be facing dramatic changes, caused by the “Markets in Financial Industries Directive (MiFID)” resp. “… Regulation (MiFIR)”, to be coming into force by January 3rd, 2018.

These changes will, in many ways, affect the operating modes of cash market exchange trading venues, such as, e.g., the XONTRO exchanges.

In this column you´ll get necessary adaptions regarding XONTRO-trading.


Timeline:

  • 12/2016 - High level communication to market participants
  • 01/2017 - Meeting of BrainTrade and the German cash markets trading
                    venues (Aim: Commitment to a consistent industry standard, at least
                    in Germany)
  • 02/2017 - Initial interface specification for XONTRO
  • 02/2017 - Detailed interface specification for XONTRO
  • 09/10/2017 - Start XONTRO-R33 simulation
  • 04/12/2017 - Start XONTRO-R33 production
  • 03/01/2018 - Start MiFID II

Downloads:

MiFID II - Newsletter No. 01

MiFID II - Newsletter No. 02


Further information here  Öffnet einen internen Link im aktuellen FensterBanks - Documentation FIX

Further information here  Öffnet einen internen Link im aktuellen FensterFDI - Documentation SAM