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TT User Setup MiFID II

You are viewing TT User Setup Version 7.17 and higher. For earlier versions, click here  

Creating Customer Defaults for MIFID Support

Administrators can create Customer Defaults for X_TRADER users and configure them so that end users cannot override their values. When creating Customer Defaults, the options highlighted below are displayed for supporting MiFID II compliance.

The settings in the following table support MiFiD II compliance.

Setting Description
Investment Decision

User or firm who made the trading decision. Free Text (up to 15 characters).

Execution Decision

User or firm (or what algo, if applicable) that submitted the order. Free Text (up to 15 characters).

Client

Customer identification. Enter the customer's legal entity identifier (LEI/Short Code). Free Text (up to 15 characters).

Direct Electronic Access

Sets whether or not the order is sent from direct/sponsored access, or from another

  • None
  • True
  • False
 
Trading Capacity

Indication of a user dealing on own account, matched principal, or any other trading capacity. Valid values:

  • None
  • DEAL
  • MATCH
  • AOTC
 

Liquidity Provision

Indication of market making. Valid values:

  • None
  • True
  • False
 

Commodity Derivative Indicator

Indication of whether the order is for hedging purposes. Valid values: 

  • None
  • True
  • False
 
FFT4

Free Text (up to 15 characters).

FFT5

Free Text (up to 15 characters).

FFT6

Free Text (up to 15 characters).