Venue Transaction Reporting Obligations for third country Trading Participants

Trading venues under MiFID have an existing obligation to transaction report to their NCA on behalf of non-EU Trading Participants.

On the assumption that the UK will have a similar requirement on non-UK based firms post-Brexit, Cboe will require entities not based in the UK jurisdiction to submit additional information in order for Cboe to meet its Transaction Reporting obligation derived from Participant trading activity. Click here for more information on Cboe regulatory transaction reporting (https://cdn.cboe.com/resources/participant_resources/Bats_Europe_Regulatory_Transaction_Reporting_Gateway.pdf)

All information related to the Cboe EU venue is subject to regulatory approval as the authorisation process in the Netherlands is ongoing.