MiFID II Disclosures

Forms and Disclosures

MiFID II Disclosures

This page provides useful information and regulatory disclosures regarding the EU Markets in Financial Instruments Directive ("MiFID II").

Product Governance

MiFID II lays down product governance requirements that apply to manufacturers and distributors of financial instruments. IBKR entities subject to MiFID requirements ("IBKR") have established a Product Governance framework defining the steps that IBKR takes for products that IBKR manufactures and for products that IBKR distributes.

Target Market and Distribution Strategy Table for Manufactured and Distributed Products

In accordance with the MIFID II Product Governance requirements, Interactive Brokers (U.K.) Limited ("IBUK") has identified the potential target market for the financial instruments that IBUK manufactures, and financial instruments that are distributed, but not manufactured by IBUK.

The Target Market and Distribution Strategy table below provides the generic target market assessment performed by IBUK and other IBKR entities in relation to all products offered to their clients. Not all entities offer all products. Information on product coverage by entity is included in the below table. Further information on financial instruments can be found on the dedicated pages of the IBKR website.

Distributors should make their own determination in relation to the specific target market for the instruments and on an on-going basis raise any issue with IBUK of material discrepancy between the target market generically identified and the specific target market.

Target Market and Distribution Strategy Table for Manufactured and Distributed Products Download

Policies and Disclosures

Interactive Brokers (U.K.) Limited Order Execution Policy Link
Interactive Brokers (U.K) Limited Summary of the Conflicts of Interest Policy
November 7, 2019
Link

Best Execution: Venues

2017 Top 5 Venue and Execution Summary Link
2018 Top 5 Venue and Execution Summary Link
2019 Top 5 Venue and Execution Summary Download
2020 Top 5 Venue and Execution Summary Link
Significant Execution Venues 2023 Download
Significant Execution Venues 2024 Download

Costs and Charges Disclosure

Costs and Charges Disclosure Link
Costs and Charges Illustrations Link

Client Categorisation

Professional Client Categorisation Notification Download
Retail Client Categorisation Notification Download

Complaints

IBUK/IBUKL Complaints for Q3-Q4 of 2020 Download
IBUK/IBUKL Complaints for Q1-Q2 of 2020 Download

Transaction Reporting

Overview of MiFIR Transaction Reporting Link
MiFIR Enriched and Delegated Transaction Reporting for EEA Investment Firm Link
MiFIR Information Required from Account Holders that do not have Reporting Obligations Link

Pursuant to Part 7.8A of the Corporations Act 2001, Interactive Brokers Australia Pty. Ltd. has prepared the following target market determinations relating to certain financial products for which it is deemed to be the issuer. Our Target Market Determinations are located here: Target Market Determinations.

Product Disclosure Statements are also available for each of these products. If applicable, you should carefully consider these Disclosures in deciding whether to acquire, or to continue to hold, the relevant financial product.