Best Execution under MiFID II

Best Execution rules require investment firms to take all sufficient steps to obtain the best possible result for their clients when executing orders in financial instruments, whilst taking into account all relevant factors. Further information can be found in ‘Our approach to Best Execution under MiFID II.’

Best Execution rules also require:

Execution venues to provide on a quarterly basis relevant data to measure the quality of execution in relevant financial instruments. This is represented by the following tables:

Table 1 – Information on the type of execution venue
Table 2 – Information on the type of financial instrument
Table 3 – Price information - Intraday
Table 4 – Price information - Daily
Table 5 – Costs information
Table 6 – Likelihood of execution for each trading day
Table 9 – Additional information relating to request for quote execution venues.

The best execution information required for tables 7 and 8 is not provided. This information relates to continuous auction order book and continuous quote driven trading systems which are not operated by Lloyds Bank.

The reports will be available on this page for a minimum of two years. If you have any questions regarding Best Execution please contact CB.MiFIDIIHelpdesk@lloydsbanking.com

Best Execution

Our approach to Best Execution under MiFID II

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Our approach to Best Execution under MiFID II - Lloyds Bank Corporate Markets Wertpapierhandelsbank GmbH

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Download our Best Execution Reporting factsheet

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Investment firms to summarise and publish on an annual basis for each class of financial instruments the top 5 execution venues in terms of trading volumes where the firm executed client orders in the preceding year and also provide information on the quality of execution that was obtained in the previous year. Note that as a result of ring fencing Commodities, Debt Instruments and SFTs are included in LB until May 2018 only. This is represented by the tables in the accordion below:

The products and services outlined on this site may be offered by legal entities from across Lloyds Banking Group, including Lloyds Bank plc and Lloyds Bank Corporate Markets plc. Lloyds Bank plc, Lloyds Bank Corporate Markets plc and Lloyds Bank Corporate Markets Wertpapierhandelsbank GmbH are separate legal entities within the Lloyds Banking Group.

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