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EMIR

Although EMIR directly applies to European counterparties, it also indirectly applies to other jurisdictions as well. As a result of this and corresponding non-European regulations, FXCM strongly advises all corporate, Omnibus (OM), and White Label (WL) customers to provide an LEI.

The European Markets Infrastructure Regulation is a regulation which is aimed at improving transparency across the European Markets. At a high level, financial entities need to report all derivative trades to a Trade Repository.