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{"sheet":"Non-Prof","index":0,"n_rows":5,"n_cols":6,"rows_kept":5,"cut":false,"hidden":false,"merged":[[1,1,1,5],[2,1,2,5]]}
[]
["Class of Instrument","Currency derivatives - Swaps, forwards and other currency derivatives"]
["Notification if <1 average trade per business day in the previous year","N"]
["Top 5 Venues ranked in terms of volume (descending order)","Proportion of volume traded as a percentage of total in that class","Proportion of orders executed as percentage of total in that class","Percentage of passive orders","Percentage of aggressive orders","Percentage of directed orders"]
["ABN AMRO Bank N.V., BFXS5XCH7N0Y05NIXW11",1,1,0,1,0]

{"sheet":"Prof","index":1,"n_rows":32,"n_cols":6,"rows_kept":32,"cut":false,"hidden":false,"merged":[[28,1,28,5],[29,1,29,5],[19,1,19,5],[20,1,20,5],[1,1,1,5],[2,1,2,5],[10,1,10,5],[11,1,11,5]]}
[]
["Class of Instrument","Debt Instruments - Money Market Instruments"]
["Notification if <1 average trade per business day in the previous year","N"]
["Top 5 Venues ranked in terms of volume (descending order)","Proportion of volume traded as a percentage of total in that class","Proportion of orders executed as percentage of total in that class","Percentage of passive orders","Percentage of aggressive orders","Percentage of directed orders"]
["ABN AMRO Bank N.V., BFXS5XCH7N0Y05NIXW11",1,1,0,1,0]
[]
[]
[]
[]
[]
["Class of Instrument","Interest Rate Derivatives - Swaps, forwards and other interest rate derivatives"]
["Notification if <1 average trade per business day in the previous year","N"]
["Top 5 Venues ranked in terms of volume (descending order)","Proportion of volume traded as a percentage of total in that class","Proportion of orders executed as percentage of total in that class","Percentage of passive orders","Percentage of aggressive orders","Percentage of directed orders"]
["ABN AMRO Bank N.V., BFXS5XCH7N0Y05NIXW11",1,1,0,1,0]
[]
[]
[]
[]
[]
["Class of Instrument","Currency derivatives - Swaps, forwards and other currency derivatives"]
["Notification if <1 average trade per business day in the previous year","N"]
["Top 5 Venues ranked in terms of volume (descending order)","Proportion of volume traded as a percentage of total in that class","Proportion of orders executed as percentage of total in that class","Percentage of passive orders","Percentage of aggressive orders","Percentage of directed orders"]
["ABN AMRO Bank N.V., BFXS5XCH7N0Y05NIXW11",1,1,0,1,0]
[]
[]
[]
[]
[]
["Class of Instrument","Commodities Derivatives and emmission allowances Derivatives - Other commodities derivatives and emission allowances derivatives"]
["Notification if <1 average trade per business day in the previous year","Y"]
["Top 5 Venues ranked in terms of volume (descending order)","Proportion of volume traded as a percentage of total in that class","Proportion of orders executed as percentage of total in that class","Percentage of passive orders","Percentage of aggressive orders","Percentage of directed orders"]
["ABN AMRO Bank N.V., BFXS5XCH7N0Y05NIXW11",1,1,0,1,0]

{"sheet":"SF","index":2,"n_rows":15,"n_cols":6,"rows_kept":15,"cut":false,"hidden":false,"merged":[[1,1,1,5],[2,1,2,5],[11,1,11,5],[12,1,12,5]]}
[]
["Class of Instrument","Equities - Shares & Depositary Receipts"]
["Notification if <1 average trade per business day in the previous year","N"]
["Top 5 Venues ranked in terms of volume (descending order)","Proportion of volume traded as a percentage of total in that class","Proportion of orders executed as percentage of total in that class","Percentage of passive orders","Percentage of aggressive orders","Percentage of directed orders"]
["ABN AMRO Bank N.V., BFXS5XCH7N0Y05NIXW11",1,1,0,1,0]
[]
[]
[]
[]
[]
[]
["Class of Instrument","Debt Instruments - Bonds"]
["Notification if <1 average trade per business day in the previous year","N"]
["Top 5 Venues ranked in terms of volume (descending order)","Proportion of volume traded as a percentage of total in that class","Proportion of orders executed as percentage of total in that class","Percentage of passive orders","Percentage of aggressive orders","Percentage of directed orders"]
["ABN AMRO Bank N.V., BFXS5XCH7N0Y05NIXW11",1,1,0,1,0]

{"sheet":"Q&A","index":3,"n_rows":9,"n_cols":3,"rows_kept":9,"cut":false,"hidden":false,"merged":[]}
["Introduction","Based on MIFID II legislation, European investment firms will be required to publish information on how they executed client orders, as of 2018. In line with this requirement, ABN AMRO provides the attached information to enable the public and investors to evaluate the quality of ABN AMRO Markets execution practices, and to identify the top five execution venues in terms of trading volumes where ABN AMRO Markets executed client orders in the preceding year. In order to make meaningful comparisons and analyse the choice of top five execution venues, the information is published per class of financial instruments. As ABN AMRO Markets always acts as the principal counterparty to the client it is the sole venue for the client (i.e. 100%). "]
["(a) an explanation of the relative importance the firm gave to the execution factors of price, costs, speed, likelihood of execution or any other consideration including qualitative factors when assessing the quality of execution; ","ABN AMRO always strives to offer her clients the best deal possible. Providing a good deal requires a careful consideration of weighing different execution factors, such as cost, price and likelihood of settlement and execution. For all our clients and especially for our retail clients, we deem the factors of price and cost of the highest importance. For more information regarding our prioritization, please consult our ABN AMRO Markets order execution policy.","* The current version of the order execution policy can be found on ABN AMRO’s website. For the order execution policy that was in force before 2021, please ask your contact person. "]
["(b) a description of any close links, conflicts of interests, and common ownerships with respect to any execution venues used to execute orders; ","For all product categories ABN AMRO acts fully on its own book. This means there are no other venues involved. Therefore there are no close links, conflicts of interest or common ownerships to be noted. Where ABN AMRO acts as its own venue the link is obvious and leaves no room for conflicts of interest, common ownerships, close links or other forms of inappropriate conduct. "]
["(c) a description of any specific arrangements with any execution venues regarding payments made or received, discounts, rebates or non-monetary benefits received; ","In all cases ABN AMRO acts as its own venue and in these cases specific arrangements with execution venues does not apply. The commission is calculated according to a fixed number of basis points of the notional of the trade. No payments are made or received and no discounts, rebates or non-monetary benefits are received. "]
["(d) an explanation of the factors that led to a change in the list of execution venues listed in the firm’s execution policy, if such a change occurred; ","Due to the transfer of our equity product to our joint venture ABN AMRO - ODDO BHF B.V we have discontinued the relationship with the venues for equity purposes."]
["(e) an explanation of how order execution differs according to client categorisation, where the firm treats categories of clients differently and where it may affect the order execution arrangements; ","We consider the execution factors of price and cost the most important above all others. While this is officially also required, our teams responsible for client order execution strongly feel this personally as well. There are therefore no significant differences in how orders are executed  based on the client classification. For more information regarding our prioritization, please consult our ABN AMRO Markets order execution policy."]
["(f) an explanation of whether other criteria were given precedence over immediate price and cost when executing retail client orders and how these other criteria were instrumental in delivering the best possible result in terms of the total consideration to the client; ","Price and cost are considered the most important execution factors for client orders. The only reason we would divert from these factors is when we are specifically instructed by a client to prioritize other execution factors over these. By doing so, we optimize the result for our clients by tailoring to their individual needs. For more information regarding exceptions , please consult our ABN AMRO  Markets order execution policy."]
["(g) an explanation of how the investment firm has used any data or tools relating to the quality of execution, including any data published under Commission Delegated Regulation (EU) …/…to be inserted before publication [RTS 27]; ","To provide a complete overview it is important to distinguish between the different product groups, as the execution of client orders in different product groups asks for different tools and data. For FX Derivatives, all market data is obtained real-time from Reuters and Bloomberg. From this data the mid-market is determined and redistributed through the pricing engines ATS/Ret-ad and Goldfish. In the pricing engine the various cost components are added to the mid-market price in order to determine the client price. For Commodities, all market data is obtained real-time from Reuters and Bloomberg. This data is fed into Murex. Murex calculates the mid-market Fair Value with the internally approved models. Various cost components are added to this calculated mid-market price in order to determine the client price. For Interest Derivatives, all market data is obtained real-time from Reuters. This data is fed into Murex and ION. For structured deals Murex calculates the mid-market Fair Value with the internally approved models. For plain vanilla structures the market data is fed into ION. In both cases various costs components are added to this calculated mid-market price in order to determine the client price. Through these systems we follow the prices and the depth of the book. "]
["(h) where applicable, an explanation of how the investment firm has used output of a consolidated tape provider established under Article 65 of Directive 2014/65/EU ","Currently, ABN AMRO does not use the service of a consolidated tape provider."]