X_TRADER®

Wholesale Orders MiFID II

To support MiFID II compliance, the applicable MiFID II fields are sent to the exchange when you submit a Wholesale Order. When a two-sided wholesale order is submitted, the RFQ that is sent includes the MiFID II tags for the buy-side customer.

When you select a customer in the Customer drop-down, the MiFID II fields in Customer Defaults for that customer are applied to the order and sent to the exchange.