MIFID II – www.griffinmarkets.com


FCA approves Griffin’s OTF application

December 13th, 2017

The FCA has today approved Griffin’s application to operate an OTF when MiFID II takes effect on 3rd January 2018.

This means that market participants now have the much desired certainty that there will be a route to market to allow them to continue to trade EU physical gas and power products and not have them classed as financial instruments.

13th December 2017: FCA approves Griffin’s OTF application



December 8th, 2017

In anticipation of operating an OTF from 3rd January 2018, Griffin has been collecting MIFID II related static data and trying to guide customers through what has been an evolving process.
During that time, a number of questions have been raised and in an attempt to de-mystify the process we have put together this Q&A guidance note.

Further details can be found in the press release here : MiFID II FAQ – Static Data

MiFID II Update – Position Limit Reporting Service

November 28th, 2017

This Update sets out details of Griffin’s commodity derivative position limit reporting service and the various choices open to market participants.

Any market participants who anticipate trading commodity derivatives through Griffin’s OTF should read this update.

Under article 58 MiFID II, trading venues must report on a daily basis, a complete breakdown of the positions held by all persons on the venue. In addition, all venue participants are obliged to report to the venue operator details of their positions held on that venue (as well as positions held on behalf of clients and clients of those clients).

28th November 2017: MiFID II update – Griffin’s Commodity Position Limit Reporting Service