Trading and clearing of investment instruments are at the heart of capital market activities. Deutsche Börse Group organizes and operates regulated markets and is a highly regulated itself. We therefore closely monitor the different policies related to trading, clearing as well as those linked to data, in order to continue limiting risks for investors while making markets secure and stable and attractive. To this end, the following regulatory packages are of particular importance for Deutsche Börse Group:

• EMIR
• MiFID II/MiFIR
• Listing Act
• Financing for the Future Act 
• Retail investment strategy
• IFR/D
• High-frequency trading
• UCITS V & AIFMD
• CCPs recovery and resilience