MiFID RTS 28 Disclosure
1st January 2022 – 31st December 2022
Alpha Group considers the execution factors of price, costs, speed and likelihood of execution when assessing the quality of execution, Alpha Group only trades with Professional Clients and dependant on the client’s trading style, the products the client trades and the method of their trading, Alpha may consider using specific liquidity providers which are most suited to the client’s profile. This is set out in the Order Execution Policy as required by the European Unition Markets in Financial Instruments Directive 2014/65/EU.
Alpha FX Europe Limited trades on a matched principal basis with Alpha FX Limited. Alpha FX Europe Limited transacts with clients and an identical order is placed with Alpha FX Limited through a market counterparty.
Alpha FX Limited and Alpha Europe FX Limited are part of Alpha Group International PLC. There is no conflict of interest and no impact with respect to any execution venues used to execute orders. Alpha Group has no specific arrangement with any execution venues regarding payments made or received, discounts, rebates or non-monetary benefits received.
| CLASS OF INSTRUMENT – CURRENCY DERIVATIVES – Alpha FX Limited | Notification if <1 average trade per business day in the previous year | Y | |||
|---|---|---|---|---|---|
| Top five execution venues ranked in trading volumes | Proportion of volume traded as a percentage of total in that class | Proportion of orders executed as percentage of total in that class | Percentage of passive orders | Percentage of aggressive orders | Percentage of directed orders |
| Barclays Bank PLC G5GSEF7VJP5I7OUK5573 |
59.20% | 87.72% | n/a | n/a | 0% |
| Nomura International PLC DGQCSV2PHVF71243539 |
23.83% | 4.14% | n/a | n/a | 0% |
| CITIGROUP INC. 6SHGI4ZSSLCXXQSBB395 |
11.79% | 7.14% | n/a | n/a | 0% |
| Lloyds Bank Corporate Markets PLC 213800MBWEIJDM5CU638 |
4.82% | 0.50% | n/a | n/a | 0% |
| Sucden Financial Limited 213800W2XOTEIWVRS823 |
0.35% | 0.50% | n/a | n/a | 0% |
| CLASS OF INSTRUMENT – CURRENCY DERIVATIVES – Alpha FX Europe Limited | Notification if <1 average trade per business day in the previous year | Y | |||
|---|---|---|---|---|---|
| Top five execution venues ranked in trading volumes | Proportion of volume traded as a percentage of total in that class | Proportion of orders executed as percentage of total in that class | Percentage of passive orders | Percentage of aggressive orders | Percentage of directed orders |
| Alpha FX Limited 213800S766I9BW9T7Y55 |
100% | 100% | n/a | n/a | 0% |
