Investment market regulation in the EU was revised at the beginning of 2018 when the MiFID II directive entered into force.
The RTS 27 report describes the quality of execution with Nordea as the trading venue. It contains the number of transactions, the speed and reliability of execution and the trading costs incurred by the customers.
The RTS 28 report includes the top five trading venues and brokers and provides information on how and where customers’ orders are executed. The top five venues report describes by instrument type the venues to which orders have been forwarded and provides information on the quality of execution. The top five brokers report describes by instrument type the brokers to which orders have been forwarded when Nordea has forwarded an order for execution by a third party. In addition to these RTS 28 reports, Nordea publishes a summary of the analyses and conclusions made concerning the quality of execution (RTS28 Article 3.3 Conclusions).