Data & Technology
The Kyte OTF will be technology neutral and orders can be received by phone or IB chat. The Kyte OTF does not support an API for the transmission of orders.
MiFID II has a number of Transparency Reporting Requirements. Kyte has chosen to meet its obligations by selecting well-established service providers. This provides certainty to Kyte and provides for ease of integration for customers.
For intra-day trade reporting, Kyte has selected two APAs (Approved Publication Arrangement):
BATS ror cash equities; and
Trax for all other products
BATS will support Kyte in the assisted reporting of cash equities.