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I.G. International Management Limited*

RTS-28 REPORTING OBLIGATIONS

As part of an investment firm’s best execution processes, The Markets in Financial Instruments Directive (MiFID II) requires asset managers to report their top five brokers for all trading on behalf of clients.

The 2017 calendar year report is summarized below and can be accessed by clicking here.

Client type Interaction Class of Instrument Period start Period end

Notification if <1

average trade per

business day

in the previous year
Professional Placement/transmission Equities -
Shares & Depositary Receipts		 01/01/2017 31/12/2017 N

Top five investment firms ranked

in terms of trading volumes

(descending order)

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 CAPITAL SECURITIES LIMITED|K9WDOH4D2PYBSLSOB484 45.34 9.6 0 0 0
Bloomberg Tradebook Europe Limited|5493002FO2Q9EGLQ2416 17.05 11.87 0 0 0
J.P. Morgan Securities PLC|K6Q0W1PS1L1O4IQL9C32 14.09 15.85 0 0 0
CANACCORD GENUITY LIMITED|ZBU7VFV5NIMN4ILRFC23 5.8 0.53 0 0 0
Citigroup Global Markets Limited|XKZZ2JZF41MRHTR1V493 4.6 6.22 0 0 0

MANAGEMENT COMMENTARY

I.G. International Management Limited has agreed to consistent commission rates across all brokers. In a typical order, execution factors are ranked as follows:

  • Price
  • Cost
  • Likelihood of execution
  • Speed
  • Any other consideration including qualitative factors

For illiquid names, likelihood of execution will drive the broker selection.

I.G. International Management Limited has no close links, conflicts of interest or ownership with any brokers used to execute orders. The firm doesn’t have any arrangements with any execution venues regarding payments made or received, discounts, rebates or non‐ monetary benefits received. There have been no changes to note in the list of execution venues. All clients are professional. All trades are monitored and reviewed to ensure a high quality of execution.