Transaction Reporting

According to article 25-3 of MiFID (Directive 2004/39/EC), investment firms which execute transactions in any financial instruments admitted to trading on a regulated market have to report details of such transactions to the competent authority as quickly as possible, and no later than the close of the following working day. This obligation shall apply whether or not such transactions were carried out on a regulated market. As NYSE Arca Europe doesn’t directly report to the EU competent authorities, all transactions executed on its trading platform have to be reported by investment firms to their competent authority.