This guide sets out the criteria, documentation, and submission steps for legal entities applying for professional investor classification on STOKR.
Step 1: Confirm you meet the eligibility criteria
To qualify under Annex II of Directive 2014/65/EU (MiFID II), your entity must meet one of the following:
Authorised or regulated entity:
- Credit institution, investment firm, or other authorised/regulated financial institution
- Insurance undertaking
- Collective investment scheme or its management company
- Pension fund or its management company
- Commodity or commodity derivatives dealer
- Any other institutional investor
Large undertaking (meeting at least two of the following):
- Balance sheet of at least EUR 20,000,000
- Net turnover of at least EUR 40,000,000
- Own funds of at least EUR 2,000,000
Other eligible entities:
- National or regional government, or public body managing public debt
- Central bank
- International or supranational institution (for example, the World Bank, IMF, ECB, or EIB)
- Institutional investor whose main activity is investing in financial instruments
Step 2: Prepare supporting documentation
- Authorised/regulated entities: official authorisation documents or regulatory certificates.
- Large undertakings: audited financial statements showing balance sheet, net turnover, and own funds.
- Other eligible entities: official documents confirming your qualifying status.
Step 3: Submit your application
Complete and submit the professional investor application form (legal entities) with all required documents for your qualifying category.
Step 4: Await confirmation
Your application is reviewed by STOKR's verification partner, and you will be notified of the outcome.