Frequently Asked Questions
Legal entity: finnCap Ltd (“finnCap”)
FCA FRN: 467766
LSE Member Mnemonic: JMFINNCGB21
Is finnCap considered to be an EEA broker?
Supported asset classes
Trading capacities (DEAL, AOTC or MTCH)
We will be executing all transactions under AOTC.
Routing of orders to non-EEA (non-MiFIDII) entities
All our orders will be routed to MiFIDII entities.
finnCap will not be an SI in any asset classes.
finnCap will not be operating, or operating as, an OTF, MTF, WTF or any other kind of TF.
Assisted Trade Reporting
All transactions will be on-venue and therefore no Trade Reporting obligation will arise for the client.
Terms of Business & Order Execution Policies
Our Terms of Business and Best Execution and Order Execution Policies are being updated and will be distributed to clients during Q4 2017.
Please ask your finnCap contact for our research pricing rate card.
Courtesy of the Commission Delegated Directive of 07/04/2016, Article 12.3(b) (reproduced in the FCA Rules at COBS 2.3A.19R(5)(b)), finnCap’s research on its corporate clients is classified as “an acceptable minor non-monetary benefit” and is therefore excluded from the prohibition on accepting inducements (COBS 2.3A.16R(2)(b)).
Best Execution disclosures
The required disclosures will be made available on our website.
Please direct all enquiries to MiFIDII@finnCap.com