ASIC Rewrite: Part 2 of the new requirements are now finalised
ASIC Rewrite has now been finalised and will go live in two parts: on 21 October 2024 the majority of the changes will begin. on 20 October 2025, the final set of updates will commence. The Amendment Instrument released on 21 August 2024, implements the final changes to the 2024 Reporting Rules which were proposed […]
Option premium currency – ASIC Rewrite
Reporting obligation of the counterparty 2 – UK EMIR Refit
Get your UK EMIR backloading done before 30 September 2024
Get your UK EMIR backloading done before 30 September 2024 UK EMIR Refit comes into effect on 30 September 2024. TRAction recommends that reporting entities should do any UK EMIR backloading before this date, otherwise they may have trouble getting old data to meet the UK EMIR Refit format. UTI – UK EMIR Refit adopts […]
Now live – Pairing and matching under EMIR Refit
EMIR Trade Repositories (TRs) have now started giving reporting entities feedback on their pairing and matching status in the form of an end of day report in respect of the new EMIR Refit.TRAction explores the process undertaken by the LSEG Regulatory Reporting TR. What is pairing and matching? Pairing is the process where the TR […]
What Do Reported Trades in Australia Say About Our Brokerage?
Under ASIC’s Reporting Rules, most Australian margin FX and CFD brokers are Reporting Entities that are required to report their transactions as they are considered to be over-the-counter (OTC) derivatives.
We take a look at what a trade repository or ASIC can surmise about your business from the data they receive.
What ISIN to use when reporting rolling futures CFDs
Background on rolling futures Rolling futures CFD contracts refer to a futures based CFD that doesn’t have an expiry date.This is achieved by the underlying contract pricing moving to the next expiry equivalent contract.For instance, the CFD of BRN.1 (rolling) might start with an underlying price from October and then change in November. Brent Crude […]
Clearing threshold of counterparty 1 & 2 – UK EMIR Refit
Corporate sector of the counterparty 1 & 2 – UK EMIR Refit
