The MiFID is implemented in German law based on the Financial Market Directive Implementation Act (FRUG). The regulations have been applicable since November 2007.

The comprehensive reforms require, among other things, that all market participants assign their clients to legally specified client categories and that they take all necessary steps when executing and forwarding securities orders to achieve the best results (best execution) and to disclose the relevant information in an appropriate manner.

Here, you can find

  • Consent Forms in Case client orders issued outside a regulated market or multilateral trading facility (MTF) are permitted to be executed or to ensure that limited orders in respect of equities that may be traded on a regulated market but for which market conditions prevent the immediate execution of the order and where this fact should not be disclosed to other market participants.

Please contact us if you have any further questions about the information above.