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MiFID configurations

  • To enable the KODIAK MiFID system with KODIAK Oms change to “EnableMifid” setting to “true”

    Code Block
    ../KodiakOrderEntryServer/Config/Environment/appSettings.config
    <add key="EnableMifid" value="true" />	
    ....
  • To configure how KODIAK Oms interacts with the results from the KODIAK MiFID system the following config can be changed

    Code Block
    <!-- Suitability will not be required when this value is false   -->
    <property name="MifidRequireSuitability" value="true" />
    <!-- Used in conjunction with MifidRequireSuitability. When this value is true then a dialog will appear which the user can provide a reason to override suitability -->
    <property name="MifidAllowOverrideWithComment" value="true" /> 
    • When “MifidRequireSuitability” is set to “true” Client Orders cannot be sent or allocated for customers that do not pass the suitability test in the KODIAK MiFID system.

    • “MifidAllowOverrideWithComment” allows to send/allocate Client Orders for customers that do not pass the suitability test but must write a comment that is saved to the database.

Shortcode check

Customer has MiFID II values LEI Code, National ID and Is Legal Entity.

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