PII Data

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.

MiFID II requires TP ICAP group companies to report and record personally identifiable information (PII) as part of its record-keeping and transaction reporting obligations.

TP ICAP group companies are using the Approved Reporting Mechanism (ARM) service provided by MarketAxess Post Trade Transaction Reporting to perform transaction reporting where required. MIFID II requires TPICAP as a venue operator to perform venue transaction reporting for trades executed on our venues by clients not registered as MiFID Investment firms. This is denoted on reports with the client trader as the Investment Decision Maker (IDM) as well as Execution Decision Maker (EDM). These traders need to be identified by a unique code, which is an internal code.


What should you expect?

We request that clients that are not MiFID Investment firms who intend to participate and execute on our UK/EU venues submit their PII data to a secure portal provided by our partners, MarketAxess Post Trade Transaction Reporting. This is an established service provided to a number of their existing clients as part of the ARM.

This process is initiated by either the TPICAP Client Onboarding team as part of the general onboarding process, or by direct outreach from the TPICAP Regulatory Reporting team.

There are three stages to this process:

1) Clients are setup with an account at MarketAxess by the ARM support team.

2) Clients upload a profile containing the PII data for their applicable traders to this account, also creating and adding an internal code to this profile. 

3) Once completed the internal code(s) are sent to the TP ICAP team for use in our transaction reporting.


For any questions regarding this process please contact our Regulatory Reporting team at: belfast_OSRegReporting@tullettprebon.com