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MiFID II Best Execution Top five venue report
 

Professional and non-professional clients

Legal Entity: Industrial and Commercial Bank of China Ltd., Luxembourg Branch

LEI: 5493002ERZU2K9PZDL40

Reporting Period: 01/Jan/2020-31/Dec/2020

The purpose of this document is to provide, for each category of financial instruments, the top five execution platforms in terms of trading volumes on which ICBC Luxembourg Branch executed client orders during 2020 and summary information on the quality of execution obtained.

This document is a report within the meaning of Art.27of the European Directive 2014/65/EU on financial instruments "MiFID II". More specifically, this report refers to the obligations set out in Art.. 27.6 of MiFD II, Art.65.6 “Commission Delegated Regulation (EU) 2017/565” and Art 3.1 and 3.2 of Commission Delegated Regulation (EU) 2017/576 RTS 28.

This report is available on ICBC Luxembourg Branch website.

Table: Interest rates derivatives-Swaps, forwards, and other interest rates derivatives

Notification if <1 average trade per business day in the previous year

Yes

Top five execution venues ranked in terms of 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

XOFF

100%

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