The Markets, Infrastructures & Intermediaries Department (MII) is responsible for admitting and supervising markets and infrastructures, including exchanges, central counterparties, the central depository, trade repositories, benchmark administrators, as well as their surrounding ecosystem of securities and derivatives broker intermediaries. MII supervises and administers relevant regulations and rules to promote: (i) fair, orderly and transparent markets; (ii) safe and efficient financial market infrastructures; and (iii) safe, sound and fair-dealing intermediaries. MII also supervises the individuals who have been appointed to act as representatives for securities and derivatives brokers.