European Brokerage · glossary
The EU directive on markets in financial instruments (Directive 2014/65/EU), which sets the rules for investment firms such as Thalvia. It decides what a broker must do for each client, from client categories to best execution. Its passport lets one licence reach clients across the EU. Clause 4.2 · Chapter 1 · see Passport
Explained in Chapter 1, What an Online Broker Does, and Why Its Client Agreement Matters, of European Brokerage.
Thalvia needs a client agreement because the law requires one. MiFID II is the EU directive on markets in financial instruments (Directive 2014/65/EU), and it sets the rules for investment firms. A companion regulation, MiFIR, adds more. Delegated Regulation (EU) 2017/565 fills in the detail.Read Chapter 1, What an Online Broker Does, and Why Its Client Agreement Matters →
Chapter 1 and this glossary are open to everyone; the whole edition is free to read with a free account until 31 January, and it stays open to an account opened by then.Chapter 1 of European Brokerage and this glossary are free to read; the rest of the edition is in the Library, at €12 a month or €79 for a Year Pass.
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