Do I need an LEI to trade stocks?
Total LEI Team
Created: Jan 8, 2026Updated: Jan 8, 2026Est. reading time: 2 min
If you are a legal entity (not a private individual) trading on regulated markets, the answer is an emphatic yes. Regulations such as MiFID II in Europe explicitly enforce a 'No LEI, No Trade' rule, meaning investment firms cannot execute trades on your behalf without one.