MiFID, updated field overview of WM Products as per

Transcription

1 MiFID, updated field overview of WM Products as per Customer Information K VF1 (WM Variable Format) FOF (WM Financial Object Feed) ONLINE (Info-Line) The requirements of MiFID affect a number of business processes which now need to be reorganised. This applies especially to the areas of compliance, trading, and reporting. In our Customer Information K15 of 9 May 2007 we introduced our product MiFID Reference (MiR). In order to meet the different customer demands, we have developed four separate profiles. As the implementation of the MiFID requirements is still in progress on the various business levels and new aspects are constantly being revealed, our products may be subject to further modifications. Meanwhile, the following alterations and expansions within our profiles have become necessary: 1. Article 31( 5) of the Implementation Directive requires that in the case of a third-person guarantee, details have to be given on the guarantor and the kind of surety. This requirement has been included in profile 1 which has been expanded by fields GD970A and GV Within the scope of MiFID, it is also necessary for best execution and reporting purposes that information is provided on whether a fund is traded on the stock exchange and whether it is an ETF (Exchange Traded Fund) in terms of MiFID. This requirement has been included in fields GD668 Listing of funds on regulated markets and GD689 Exchange traded funds. 3. The display of the ADT in intervals of below 100,000, 100,000 to 1,000,000 etc. in GD667 pursuant to table GI8 will be replaced by the average daily turnover, which is contained in GD In XD026 the MIC, but not the values of table Z27, will be delivered directly. Furthermore, we would like to inform you that new test files will be available as of 23 July 2007 and can be obtained by sending us a completed order form (see attachment). Further details can be gathered from the attached updated overview. For further information (e.g. regarding formats, price concepts or contract) please contact Thomas Krausser (Tel.: , [email protected]). [email protected] 1/5

2 Dataline: Updated product overview VF1 Field GD668 has been renamed to Listing of funds on regulated markets; GD270A, GD970A and GV972 have been included in Profile 1, MiR+; GD689 has been created and included in Profile 1, MiR+ and Profile 2, MiR. GD667 will be deleted and replaced by GD193. The table allocation of GD664, GD668 and GD703 has been changed as well: table G83 has been replaced by table GH9. Within XD026 the MIC will be delivered directly, but not table Z27, and the field format will be expanded to a four-digit alphanumerical field. Profile 1 Profile 2 Profile 3 Profile 4 MiR+ MiR Field name O&F + O&F MiR Field name GD100A - Securities status DD011 - Option style GD153 - ISIN after change DD012 DD012 ISIN GD154 - WKN after change DD013 DD013 WKN GD170 - Custody/settlement currency DD016 - Derivative name GD198A - Product type segment DD017 - Derivative short description GD198B - Product category segment DD018 - Derivative ticker symbol GD198C - type DD019 - Derivative type GD198D - type, addendum 1 DD022 - Underlying asset ISIN GD198E - type, addendum 2 DD022PW - Underlying asset WKN GD198F - type, addendum 3 DD024 - CFI code GD198G - type, addendum 4 DD025-2nd underlying asset ISIN GD216 - Section 9 reporting DD025PW - 2nd underlying asset WKN GD240 - Original issuer number DD029 - Derivative expiry day GD245 - Current issuer number DD030 - Derivative expiry month GD270A - Securities long description I DD031 - Derivative expiry year GD270B - Securities long description II DD032 - Derivative strike currency GD447C - Conformity identifier DD033 - Derivative strike price GD622 - ISIN DD665 DD665 Most liquid market GD622PW - WKN DD663A DD663A MiFID transaction reporting GD662 GD662 Issuer origin DD662 DD662 Issuer origin GD663A GD663A MiFID transaction reporting DV021 - Derivative market MIC GD663B GD663B MiFID pre-trade transparency GD663C GD663C MiFID post-trade transparency GD664 GD664 Complexity identifier GD665 GD665 Most liquid market GD666 GD666 Standard market size GD667 GD667 Average daily turnover GD193 GD193 Average daily turnover amount GD668 GD668 Listing of funds on regulated markets GD684 GD684 Financial Short Name GD685 - CFI code GD703 GD703 Liquidity identifier GD704 GD704 Fund special assets BIC/CIVIC GD910 - Last redemption date GD970A - Guarantor GD689 GD689 MiFID-relevant ETF GV103 - ISIN/WKN valid until GV791 - Quantity or weighting index (1) GV792 - Quantity or weighting index (2) GV972 - Issuer number of guarantor/percentage MD020 - Issuer county MD031 - Issuer name MD248 - IBEI MD503 Issuer BIC XD010 - Stock exchange domicile (ISO) XD020 - Stock exchange/main segment XD020A - General stock exchange code XD022 XD022 Regulated market/mtf identifier XD026 XD026 Market place MIC XD027 XD027 Market place time shift vs. UTC XV661 - Special trading hours XV951 - Market trading hours XV952 - Trading days XV953 - Holidays [email protected] 2/5

3 Dataline: Updated product overview FOF Description TopLevel Class Attribute ISIN ID (schemesymbol ISIN) Securities status statustype ISIN after change ID WKN after change ID ISIN/WKN valid until ID validuntildate WKN ID (schemesymbol WKN) FISN Name mit nametype = 8002 name Securities description name CFI GroupKey EFIC (A) GroupKey EFIC (B) GroupKey EFIC (C) GroupKey EFIC (D) GroupKey EFIC (E) GroupKey EFIC (F) GroupKey EFIC (G) GroupKey Issuer origin Institution Domicile mit domiciletype = 3 domicilelocation Issuer domicile Institution Domicile domiciletype Issuer name Institution Institution name Original issuer number Institution InstitutionID Current issuer number Institution InstitutionID Issuer name Institution Institution name Issuer IBEI Institution InstitutionID Company BIC Institution InstitutionID Guarantor Guarantor Guarantee Value and link to institution (Entity as role of a guarantor) Index DependentProperties link zu Index DependentProperties link zu Underlying FutureSimple underlying OptionPayment settle UnderFixingComponent under Underlying OptionPayment settle UnderFixingComponent under FixedPayment pay CFSimpleCondition conditionunderlying MiFID transaction reporting MIFID_Transaction MiFID pre-trade transparency MIFID_PreTrade MiFID post-trade transparency MIFID_PostTrade Section 9 reporting ReportingGroupKey Non-complex identifier FI_Komplexitaet MiFID-relevant ETF VDPSInformation fotype UCITS conformity identifier TrustProperties principlestype Most liquid market LandLiquidesterMarkt Standard market size StandardMarktGroesse Average daily turnover amount DurchschnittTagesumsatz IdSymbol [email protected] 3/5

4 Listing of funds on regulated markets TrustProperties managingtype Liquidity IdSymbol FI_Liquiditaet Legal maturity WithCF maturitydate Maturity (exchange) CFPeriodicDate Put/call WithCF optiontype Strike price (currency) OptionPayment exercise Strike price OptionPayment exerciseamount OptionPayment exerciseamountinpercent Subscription ratio (currency numerator) Subscription ratio (numerator German) FixedPayment heldamount OptionPayment heldamount Subscription ratio (numerator English) FixedPayment plannedpayamount LatentPayment plannedpayamount OptionPayment underfixingfactor Subscription ratio (currency denominator) Subscription ratio (denominator German) FixedPayment plannedpayamount LatentPayment plannedpayamount OptionPayment underfixingfactor OptionParameter equivalentconversionunitamount Subscription ratio (denominator English) FixedPayment heldamount LatentPayment heldamount OptionPayment heldamount Currency nominalcurr nominalamount unittype Regulated market/mtf identifier Service TradingPlace regulatedmarket Market place MIC Service ServiceGroup mit schemesymbol = MIC Market place name Institution Institution name Stock exchange/main segment Service Service name Market place domicile Institution Domicile domiciletype Market place business hours Service ExceptionalTradingDay exceptiontype Service SpecialTradingDay Service ExceptionalTradingDay Service ExceptionalTradingDay Service ExceptionalTradingDay specialdate closingtime openingtime exceptionreason Market place business hours TradingSession closingtime TradingSession openingtime Market place business hours TradingSession weekdaytype Market place business hours Service ExceptionalTradingDay exceptionreason Service ExceptionalTradingDay Service SpecialTradingDay exceptiontype specialdate Market place time shift UTC Service TimeZoneInformation hoursdifferencetoutc Fund special assets BIC/CIVIC Institution InstitutionID mit schemesymbol = BIC WM-DatenOnline The MiFID and Options & Futures profiles (analogous to MIR+ and O&F+) will be available as WM-DatenOnline modules by 20 October We will inform you of the exact launch dates in a separate Customer Information issue. [email protected] 4/5

5 Order form for MiFID test files Unless stipulated otherwise, these test files will only be delivered on order. Please submit by fax to: 069/ We would like to order the following representative test files: VF1 FOF Profile 1 MiR + Profile 2 MiR Profile 3 O&F + Profile 4 MiR O&F Data carrier FTP Characters EBCDIC* ASCII ANSI Handling price 160 per representative test files * EBCDIC files are only available in FLAM-compressed form via FTP Kindly use one order form for all orders Order address: Billing address: Delivery address: Company:... Company:... Mr./Mrs:... Mr./Mrs:... Street:... Street:... City:... City:... Tel.:... Tel.: Date and signature..... Please note that the ordered data are licensed for own use only. The use of the data by third parties is prohibited. [email protected] 5/5