Information. MiFID II Best Execution Top 5 Execution Venues and Top 5 Brokers

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Transcription:

Information MiFID II Best Execution Top 5 Execution Venues and Top 5 Brokers on quality Credit Suisse (Luxembourg) execution S.A. obtained 20171

Introduction This Top 5 Execution Venues and Top 5 Broker report refers to the obligations set out in Art. 27.6 Directive 2014/65/EU ( MiFID II ) and Commission Delegated Regulation (EU) 2017/576 ( RTS 28 ), and summarizes for each class financial instruments, the top five execution venues in terms trading venue where Credit Suisse (Luxembourg) S.A. ( CS Lux or the Bank ) executed client in 2017. This report covers the period from 1 January 2017 to 31 December 2017 and should be read in conjunction with the CS Lux s Best Execution Policy and the Best Execution quality report. Both documents are available the Bank s website. For clients serviced by Credit Suisse legal entities other than Credit Suisse (Luxembourg) S.A., note that there may be separate Best Execution Policies and reports with information on top five execution venues/brokers obtained by those legal entities. Please contact your relationship manager for further information or any additional questions. 2

` Credit Suisse (Luxembourg) S.A. Top 5 Execution Venues / Brokers 2017 Retail Clients This section outlines, for each class financial instruments, the Top 5 Execution Venues / Brokers, in terms volume, where Credit Suisse executed (Top 5 Execution Venues) or received and transmitted (Top 5 Brokers) on behalf clients classified as retail client. A. Top 5 Brokers otification if <1 average trade per Credit Suisse Securities (Europe) Limited DL6FFRRLF74S01HE2M14 Equities - Shares & Depositary Receipts executed 89,85% 79,98% 0,00% 10,15% 20,02% 0,00% directed otification if <1 average trade per Debt instruments (bonds) executed directed otification if <1 average trade per Debt instruments (money markets instruments) executed directed 3

otification if <1 average trade per Structured finance instruments executed directed otification if <1 average trade per Currency derivatives (Futures and options admitted to trading on a trading venue) executed directed otification if <1 average trade per Equity derivatives (Options and Futures admitted to trading on a trading venue) executed directed otification if <1 average trade per Securitized Derivatives (warrants and certificate derivatives) executed directed 4

otification if <1 average trade per Credit Suisse Securities (Europe) Limited DL6FFRRLF74S01HE2M14 Exchange traded products (Exchange traded funds, exchange traded notes and exchange traded commodities) executed directed otification if <1 average trade per Other instruments executed directed 5

B. Top 5 Execution Venues otification if <1 average trade per business day in the ranked in terms trading Citigroup Global Markets Limited XKZZ2JZF41MRHTR1V493 BP Paribas S.A. R0MUWSFPU8MPRO8K5P83 Mizuho International Plc 213800HZ54TG54H2KV03 Toronto Dominion Bank PT3QB789TSUIDF371261 Royal Bank Scotland.V RR3QWICWWIPCS8A4S074 Debt instruments (bonds) volume total in that class total in that class directed 16,49% 47,20% 0,00% 0,00% 0,00% 8,81% 48,76% 0,00% 0,00% 0,00% 6,68% 1,24% 0,00% 0,00% 0,00% 6,18% 1,86% 0,00% 0,00% 0,00% 4,19% 0,93% 0,00% 0,00% 0,00% otification if <1 average ranked in terms trading Currency derivatives (swaps, forwards and other currency derivatives) volume directed 100,00% 0,00% Equity derivatives (Swaps and other equity derivatives ) otification if <1 average Y ranked in terms trading Credit Suisse AG AGGYXX0JLX3X63J86 volume directed 100,00% 0,00% 6

otification if <1 average ranked in terms trading Securitized derivatives (other securitized derivatives) Proportion volume 100,00% 0,00% directed otification if <1 average ranked in terms trading Commodities derivatives (Other commodities derivatives) Y Proportion volume 100,00% 0,00% directed 7

Top 5 Execution Venues / Brokers 2017 Pressional Clients This section outlines, for each class financial instruments, the Top 5 Execution Venues / Brokers, in terms volume, where Credit Suisse executed (Top 5 Execution Venues) or received and transmitted (Top 5 Brokers) on behalf clients classified as pressional client. A. Top 5 Brokers otification if <1 average trade per Credit Suisse Securities (Europe) Limited DL6FFRRLF74S01HE2M14 Equities - Shares & Depositary Receipts executed 89,85% 79,98% 0,00% 10,15% 20,02% 0,00% directed otification if <1 average trade per Debt instruments (bonds) executed directed otification if <1 average trade per Debt instruments (money markets instruments) executed directed 8

otification if <1 average trade per Structured finance instruments executed directed otification if <1 average trade per Currency derivatives (Futures and options admitted to trading on a trading venue) executed directed otification if <1 average trade per Equity derivatives (Options and Futures admitted to trading on a trading venue) executed directed otification if <1 average trade per Securitized Derivatives (warrants and certificate derivatives) executed directed 9

otification if <1 average trade per Credit Suisse Securities (Europe) Limited DL6FFRRLF74S01HE2M14 Exchange traded products (Exchange traded funds, exchange traded notes and exchange traded commodities) executed directed otification if <1 average trade per Other instruments executed directed 10

B. Top 5 Execution Venues otification if <1 average trade per business day in the ranked in terms trading Citigroup Global Markets Limited XKZZ2JZF41MRHTR1V493 BP Paribas S.A. R0MUWSFPU8MPRO8K5P83 Mizuho International Plc 213800HZ54TG54H2KV03 Toronto Dominion Bank PT3QB789TSUIDF371261 Royal Bank Scotland.V RR3QWICWWIPCS8A4S074 Debt instruments (bonds) volume total in that class total in that class directed 16,49% 47,20% 0,00% 0,00% 0,00% 8,81% 48,76% 0,00% 0,00% 0,00% 6,68% 1,24% 0,00% 0,00% 0,00% 6,18% 1,86% 0,00% 0,00% 0,00% 4,19% 0,93% 0,00% 0,00% 0,00% otification if <1 average ranked in terms trading Currency derivatives (swaps, forwards and other currency derivatives) volume 100,00% 0,00% directed Equity derivatives (Swaps and other equity derivatives ) otification if <1 average Y ranked in terms trading Credit Suisse AG AGGYXX0JLX3X63J86 volume directed 100,00% 0,00% 11

otification if <1 average ranked in terms trading Securitized derivatives (other securitized derivatives) Proportion volume Proportion executed as directed 100,00% 0,00% otification if <1 average ranked in terms trading Commodities derivatives (Other commodities derivatives) Y Proportion volume Proportion executed as directed 100,00% 0,00% 12

CREDIT SUISSE (LUXEMBOURG) S.A. 5, rue Jean Monnet 2180 Luxembourg Luxembourg Tel.: +352 460011-1 www.credit-suisse.com/lu Important otes This document has been produced for information purposes only and is not investment advice or otherwise based on a consideration the personal circumstances the addressee nor is it the result objective or independent research. The information provided herein does not constitute an fer or invitation to enter into any type financial transaction. The information provided herein was produced by Credit Suisse Group AG and/or its affiliates (hereafter "CS") with the greatest care and to the best its knowledge and belief. The information and views expressed herein are those CS at the time writing and are subject to change at any time without notice. They are derived from sources believed to be reliable. CS provides no guarantee with regard to the content and completeness the information and does not accept any liability for losses that might arise from making use the information. If nothing is indicated to the contrary, all figures are unaudited. The information provided herein is for the exclusive use the recipient. either this information nor any copy there may be sent, taken into or distributed in the United States or to any U. S. person (within the meaning Regulation S under the US Securities Act 1933, as amended). It may not be reproduced, neither in part nor in full, without the written permission CS. Copyright 2018 Credit Suisse Group AG and/or its affiliates. All rights reserved 13