MiFID II RTS 6 Compliance

Meet Today’s Regulatory Requirements with Confidence

OneTick partners with quants from the industry’s leading investment firms to ensure their algorithmic trading continues without a hitch.

What is MiFID II?

MiFID II (Markets in Financial Instruments Directive II) is a broad and deep updating of MiFID. There are 28 Regulatory Technical Standards (RTSs) within MiFID II with RTS 6 addressing issues covering the specific requirements for investment firms engaged in algorithmic trading.

OneTick is with you every step of the way, including real-time collection using elastic storage and advanced computation, sophisticated queries and query-building tools, streaming analytics, visual dashboard design tools, advanced visualizations (e.g. dynamic grids, zoomable charts, and order-book heat maps), and finished MAR and MiFID II regulatory solutions.

1. Define and store your algorithms
2. Document your algo development including testing protocols and results
3. Utilize pre- and post-trade risk controls with kill switch functionality
4. Establish clear and active governance and oversight of algorithmic trading software
5. Conduct real-time monitoring and review automated alerts

OneTick has strong and extensive experience in regulatory compliance and is able to guide financial institutions through a process that may seem onerous and complex at the outset. If you would like to discuss the MiFID II RTS 6 requirements or any other areas of algorithmic trading risk and control, please do get in touch and fill out the form below.