RWE Trading Services

The ‘EU Markets in Financial Instruments Directive (MiFID)’ has been implemented in Germany in November 2007.

The aim of the directive is to create an European-wide legal framework for the trading of financial instruments. This directive includes commodity derivatives which until now has only been subject to sporadic supervisory regulations in the various member states. Commodity derivatives with stipulated delivery dates can also be regulated. 

All market participants, and this also includes RWE Supply & Trading as an energy trader, know that the implementation of the MiFID will have a significant effect on their core business. 

With the founding of RWE Trading Services GmbH, the company is well prepared for all possible scenarios. Regardless of whether certain trading transactions are put under the surveillance of the Federal Financial Supervisory Authority (BaFin), thereby becoming subject to authorisation, RWE Trading Services already meets the necessary legal requirements for banks.

All the energy trading businesses important financial and banking services can be carried out by RWE Trading Services. This includes:

• investment brokerage

• acquisition mediation (direct representation)
• financial portfolio management
• proprietary trading
• investment counselling
• financial consignment business (indirect representation)