Overview of changes for EEA clients
This article is for clients residing in the European Economic Area (EEA).
Kraken is committed to providing a secure and regulated trading environment for our clients in the European Economic Area (EEA). To enhance our offerings and ensure compliance with European regulations, we have acquired a Markets in Financial Instruments Directive (MiFID II) license. This significant milestone allows us to introduce new financial products and improve your trading experience on our platform.
What's changing?
With the new MiFID II license, Kraken is expanding its product lineup to include:
To access these products, new Futures clients residing within the EEA will need to complete a brief questionnaire to assess their suitability for trading these financial instruments. Additionally, you will be required to provide your Tax Identification Number (TIN) to comply with EEA regulatory standards.
Investment services in relation to derivatives are provided by Payward Europe Digital Solutions (CY) Limited (ex I.F. Greenfields Wealth Ltd) ("PEDSL-CY"). PEDSL-CY is authorised and approved by the Cyprus Securities and Exchange Commission (CySEC) for the provision of investment services. See Risk Disclosures here.
PEDSL-CY is authorised and regulated by the Cyprus Securities and Exchange Commission with licence number 342/17. PEDSL-CY is registered in Cyprus with registered number HE 356603 and registered office at Athalassas, 62, Mezzanine, Strovolos 2012, Nicosia, Cyprus.