Blueberry has officially launched its advanced transaction reporting in Australia using TRAction’s trade reporting solution, seamlessly integrated with MetaTrader 4 (MT4).
TRAction’s integration with MT4 has been harnessed to facilitate ASIC transaction reporting for Blueberry.
TRAction’s, a leading provider of trade reporting solutions, and MT4, a recognised electronic trading platform, place great importance on the integration which provides mutual clients with optimised trade reporting. TRAction and MT4 provide this to their mutual clients who are looking to streamline their regulatory reporting processes.
Blueberry (formerly known as Blueberry Markets following a recent rebrand), a globally regulated forex broker that offers advanced trading technology, top-of-the-industry platforms, and outstanding customer service to their clients has recently expanded its licensing with its Australian entity, Blueberry Australia Pty Ltd obtaining approval from ASIC to operate as a retail CFDs brokerage.
With Blueberry, retail investors and individuals now have convenient access to instruments, pricing, and market liquidity previously only available to professional investors and institutions.
TRAction, which specialises in regulatory reporting to simplify compliance for asset managers, offers its clients a range of pre-built integrations with trading platforms to help minimise the manual processes involved in their ever-growing daily reporting obligations. This includes recent changes to requirements under EU and UK EMIR Refits, and upcoming changes to requirements under both the ASIC and MAS Rewrites.
The integration between TRAction and MT4 efficiently allows TRAction to extract data directly from MT4 for its clients, ensuring accurate reporting submissions. By streamlining and enhancing the trade reporting process, the burden associated with satisfying current, new and upcoming reporting obligations is minimised.
Quinn Perrott, co-CEO at TRAction, commented:
“We are pleased to present our new integration with Blueberry and MT4, which demonstrates our continued dedication to making trade reporting simplified. The partnership showcases our commitment to delivering seamless and compliant solutions, and alleviates the burden of trade reporting on teams, allowing for increased capacity to focus on services.”
Dean Hyde, Founder and Managing Director of Blueberry, commented:
“As a globally regulated broker, precise and efficient data reporting is the cornerstone of our commitment to trust and transparency with our clients and regulators. Ensuring compliance for our newly licensed entity, Blueberry Australia Pty Ltd, is a top priority. This integration with TRAction and MT4 not only simplifies our complex reporting requirements but also keeps us at the forefront of evolving regulatory demands, allowing us to consistently deliver an unparalleled trading experience.
We are certain that this will propel us to new heights in the forex industry, setting a new standard for innovation and customer satisfaction.”
About TRAction
TRAction is a global leader in regulatory reporting solutions, serving over 700 firms across Europe, the UK, Australia, Singapore, and Canada. The company provides a full suite of trade reporting services including data extraction and conversion to trade repository formats, onboarding and submission of trades to an approved trade repository or Approved Reporting Mechanism (ARM), and insights into practical application of trade reporting rules.
TRAction’s presence spans, UK, Europe, Australia, Singapore and Canada, and specialises in regulatory reporting for those regimes. TRAction supports a diverse range of financial entities including firms, brokers, investment managers, banks, and electricity suppliers in managing their growing daily reporting obligations. TRAction currently provides a comprehensive range of reporting services under ASIC, MAS, EMIR, MiFID II/MiFIR, SFTR, Canada, and Best Execution for MiFID II and MAS, along with upcoming requirements for both the ASIC and MAS rewrites, and EMIR Refit.
About Blueberry
Blueberry is a globally regulated forex broker that provides advanced trading technology, industry-leading platforms, and exceptional customer service, with over 5,000 five-star reviews. Backed by a team with extensive experience in the investment world, Blueberry was recognized as a Highly Commended Brand by Finder in the Best for AUD/USD category. For more information, visit their website.