MiFIR Transaction Reporting applies to European Economic Area (“EEA”) and United Kingdom ("UK") Investment Firms ("Investment Firms") and also to Investment Firms that use a broker within the IBKR Group ("IBKR Group") to execute orders. As a client of an Investment Firm that uses the IBKR platform, you may be required to provide additional information to allow the proper transaction reports to be filed.

Investment Firms are obliged to report complete and accurate details of transactions executed in financial instruments covered by MiFIR to the relevant National Competent Authority (“NCA”) no later than the close of the next working day.

MiFIR has widened the scope of reportable financial instruments to cover those that are traded on EEA/UK Regulated Exchanges, Multilateral Trading Facilities (“MTFs”) and Organised Trading Facilities (“OTFs”). In addition to transactions executed on EEA/UK exchanges, MiFIR will capture Over the Counter (“OTC”) transactions and transactions of EEA/UK listed financial instruments that are executed on non-EEA/UK trading venues, e.g., a stock listed on the LSE traded on NYSE. (see financial instruments covered by MiFIR).

  1. Click the User menu (head and shoulders icon in the top right corner) > Settings > Account Reporting > MIFIR.

  2. Select between the two option

    • NO, the Legal Entity is NOT an Investment Firm subject to MiFIR
    • YES, the Legal Entity is an Investment Firm subject to MiFIR

  1. You will have the option to opt-in to the Enriched and Delegated Transaction Reporting.

    • Click Yes to opt-in

    • Click No to not opt-in.

  1. If you opt-in fill out the Organizational Information and click Continue.

This information is guidance for interactive brokers cleared clients only. This guidance does not apply to execution only accounts. The information above is not intended to be a comprehensive or exhaustive guidance and it is not a definitive interpretation of the regulation, but a summary of MiFIR transaction reporting obligations.