PRU-EPRS 1.32 Instructional Guidelines — Form B200 — Brokerage Activity

Purpose

Form B200 — This form is designed to capture the data on the brokerage business of Authorised Firms, including both the business arising out of execution of Client orders as well as arranging of order executions with other market intermediaries.

Applicability

This form is applicable to Authorised Firms licensed to Deal in Investments as an Agent, Deal in Investments on a matched principal basis or Arrange Transactions in Investments or Credit. This includes Authorised Firms operating as a Branch in the DIFC.

Content

The form is intended to capture information pertaining to the number of Clients, number of trades, volume of units traded and the value of the Transactions over the reporting period. The form captures the composition of these data for both execution business as well as the data relating to the business of arranging for execution with other market intermediaries. The data required to be reported in respect of execution business is limited to the accounts booked by the Authorised Firm as part of its DIFC operations. Consequently, only Authorised Firms licensed to Deal in Investments as Agent are expected to report data on this activity. Authorised Firms are required to report data relating to all accounts of their Clients, including accounts booked other than in the DIFC for which the firm only arranges trades.

Structure of the form in EPRS

B200 is a form which has three sections. The first section seeks data on trades executed by the Authorised Firm as part of its DIFC operations, across the different product / market categories. The second section seeks data on arranging of trades across the same mix of products / markets as in the first section. The third section of the form (brokerage by customer type) is in a linked form, which seeks data on classification of brokerage Clients by type of Clients and by the domicile of Clients.

In the linked form which has the third section, the required data for execution business booked in each Client category segment is to be reported on the first three columns and the data on arranging of trades is to be reported on the fourth to sixth columns.

Derived from GM5/2007 (Made 16th December 2007). [VER1/12-07]
[Amended] [VER2/04-13]