RTS 28 Execution Reports
Investment firms who execute client orders are required 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 they executed client orders in the preceding year and information on the quality of execution obtained. These reports will be made available for at least two years.
The reports are available via the following links (all open in a new window):
The above documents are required by the Markets in Financial Instruments Directive II (“MiFID II”), 2014/65/EU and its associated regulation, Markets in Financial Instruments Regulation No 600/2014 (“MiFIR”). The requirements are set out in Article 27 of MiFID II; Article 64 & 66 of the Delegated Regulation; Article 65 of MiFIR; and by Regulatory Technical Standard 28 (“RTS28”).