Knowledge Base

Questions

Which types of financial instruments are subject to the reporting obligation under MiFID 2? Select all relevant options.

Financial instruments admitted to trading on a venue

Instruments for which a request for admission to trading has been made

Instruments whose underlying is an index composed of instruments traded on a venue

OTC instruments with no link to trading venues

What is the primary role of ARMs (Approved Reporting Mechanisms) under MiFID 2?

To ensure post-trade transparency for the market

To assume part of the technical responsibility and pool costs

To completely replace the reporting obligation for firms

To provide only compliance advisory services

What is the maximum deadline for reporting transactions to the competent authorities under MiFID 2?

T+0 (the same day as execution)

T+1 (the day after execution)

T+2 (two days after execution)

T+3 (three days after execution)

What are the cumulative conditions for a firm to be exempt from the reporting obligation by transmitting an order to another investment firm? Select all relevant options.

The order must be received from a client or result from a discretionary mandate

All relevant information must be transmitted to the receiving firm

The receiving firm must be subject to the reporting obligation and agree to report on behalf of the transmitting firm

A documented agreement is mandatory

True or False: Natural persons must be identified by their LEI (Legal Entity Identifier) in MiFID 2 reports.

True

False

True or False: Firms can rely solely on ARMs to guarantee the completeness and accuracy of data without implementing internal controls.

True

False

Categorize items by dragging them to the appropriate zones

Items to categorize:

ISIN code of the instrument

Quantity traded

LEI of the firm

MIC code of the venue

Categories:

Instrument identification

Transaction details

Party identification

Execution venue