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MiFID II Compliance

MiFID information for the selected customer and instrument is displayed in the “New Client Order” window in Kodiak OMS.

Before sending an order to the market the Kodiak OMS system can be configured to check if the customer is suited for the financial product selected in the “New Client Order” window.

Product Category: This shows the classification of the orderbook in the MiFID system.

Customer Type: Retail or Company. (Einstaklingur eða Lögaðili)

Customer MiFID Category: Unclassified, Retail, Professional, Eligible Counterparty or Professional Opted.

Is suitable: Whether or not the order is suitable for the customer.

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