Need credit carried out the test MiFID for the buy/sell of forward exchange or derivatives?
So much the buy/sell of forward exchange as the ones derived from exchange rate are classified such as complex products according to the standard MiFID, which is why is essential credit carried out the tasks MiFID before its contracting.
What are the ones derived from exchange rate? Bankia markets these products?
The ones derived from exchange rate are alternative coverage products to the exchange insurance.
They allow to our clients access the best conditions in order to be able to cover its exchange rate risk.
Combining options and barriers activantes / desactivantes, can build custom-made coverages of the customers needs.
I have have contracted some additional product for the buy/sell of forward exchange?
For the contracting of the buy/sell of forward exchange the client has have set up a Line Comex or a Line of Derivatives. Similarly, for the contracting of any exchange rate derived from need have a Line of Derivatives and signed a contract CMOF.