Are Crypto ETNs MiFIR reportable?
The FCA has lifted its ban on crypto Exchange-Traded Notes (ETNs) for professional investors. The relevant regulatory changes took effect on 8 October 2025. The FCA issued a press release that confirms that they will open retail access to crypto ETNs so long as they are “traded on an FCA-approved, UK-based investment exchange”. This means […]
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 […]
TRAction and DXtrade integrate to streamline trade reporting
TRAction and DXtrade integrate to streamline trade reporting for mutual clients. TRAction, a leading provider of trade reporting solutions, and DXtrade, the flagship multi-asset trading platform from global software developer, Devexperts, have announced a new integration that enhances regulatory reporting for brokers and investment firms. This integration allows trading data from DXtrade platforms to flow […]
Unique Transaction Identifier (UTI) – Explained
ESMA, the FCA, ASIC and MAS are placing greater emphasis on Unique Transaction Identifiers (UTIs) and their consistent application between counterparties as part of their roll-out in 2024 of updated derivative reporting requirements in their jurisdictions.
Meet the team: Sushant Sinha
How did Sushant find himself at TRAction? Before joining TRAction, Sushant worked at a consulting and IT services firm. His role involved enterprise application support and development across distributed and mainframe systems, as well as cloud data services. He worked with tools like Unix/Linux, SQL, Splunk, ServiceNow, and IR360, focusing on file transmission monitoring, customer […]
Are Cryptocurrency CFDs reportable under ASIC?
To date there has been no definitive position provided by either the regulation or ASIC guidance about the reportability of crypto.
EMIR Reporting of the ‘Stock Split’ Corporate Event
What is a Stock Split? Stock splits typically occur when a company’s share price has risen to a level that may be perceived as too high or inaccessible for new investors entering into the market. To address this, a company may increase the number of its outstanding shares by dividing existing shares into multiple new […]
Virtual Power Purchase Agreements (VPPAs)
A Virtual Power Purchase Agreement (VPPA) is an instrument that closely follows the financial settlement terms of a Contract for Difference (CFD). In a traditional PPA, the generation and delivery points must be specified and agreed by both parties. Whereas under a VPPA, there is more flexibility which has led to an increased popularity for these agreements in the broader market.
How do the end of year holidays affect your trade reporting?
Public holidays and bank holidays can have a major impact on trade and transaction reporting requirements, especially if you are an entity operating under multiple regimes. When there is a public holiday where the regulatory body (or regulated entity) is located, it is likely that the timing of report submissions will be extended commensurately. […]
Interest Rate Derivative Trade Reporting
What is an interest rate derivative (IRD)? An interest rate derivative (IDR) or swap is a contract between two parties that agree to exchange interest payments based on fixed and floating interest rates. IRDs are typically forward contracts where the specific term dates and prices can be customised according to the arrangement. They are predominantly […]