Kyte Broking Limited (registered number 02781314) is authorised and regulated by the Financial Conduct Authority (“FCA”) under FRN: 174863 and a member of the National Futures Association (“NFA”), registered as an Introducing Broker (NFA ID: 0288293).
Kyte OTF has an overall governance regime to ensure that OTF is operated by Kyte in compliance with all applicable regulations. Key to the governance is the OTF Rulebook as supplemented by the Terms of Business and relevant policies and procedures.
Kyte Broking Limited was authorised by the FCA to operate an Organised Trading Venue (OTF) on January, 3rd 2018. The OTF complements execution services provided by Kyte for clients who have the requirements for their OTC transactions to be traded on an approved trading venue.
Kyte Broking’s LEI Number is 1ZU7M6R6N6PXYJ6V0C83 Kyte Broking’s MIC Code is KBLM
Kyte has permissioned from the FCA to operate an Organised Trading Facility (“OTF”), which is a new category of Trading Venue. For more information on the Kyte Broking OTF, kindly see Kyte Broking OTF information site.
For trade reporting, Kyte has selected two Approved Publication Arrangement (“APA”) dependent upon product type. For cash equities, Kyte engages BATS and for all other products Kyte engages Marketaccess/Trax.
Kyte’s pre-trade and post-trade transparency reports will be made publicly-available from the Trax and BATS websites. You will find links to the websites at Kyte Broking OTF information site.
For end-of-day transaction reports, Kyte will use Trax as an ARM (Approved Reporting Mechanism) that publishes data directly to the FCA.
Kyte will need information such as LEI number, decision-maker information (RTS 24 PII Data), MiFID reportable status, and short-selling indicator (on a trade-by-trade basis). Our Account On-Boarding Team will provide you with further information on how you can provide this information to Kyte.
MiFID II imposed new and additional regulatory requirements for financial services firms. We have compiled Frequently Asked Questions for your information. If there is any specific question you want us to answer, do contact us at OTFCompliance@kytebroking.com
Kyte OTF fulfil its transparency obligations through the publication of all relevant orders and trades, subject to the exercise of pre-trade transparency waivers and post-trade transparency deferrals as granted by the FCA.
The publication of pre- and post-trade transparency data is being undertaken by TRAX and can be found at: www.traxapa.com
RTS 28 disclosures are published on this site.
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