Regulatory Super Vision: Are you ready for all-seeing scrutiny?
Join our Co-CEO Quinn Perrott and Duco’s Steve Walsh for a virtual event on Thursday, 18 September at 10am UK / 11am CET. Why now? Regulators are starting to notify firms of reporting errors within 48 hours of trade submission. It’s already live in Australia and expected to roll out across other regimes soon. This […]
Reporting Transactions seamlessly under EMIR, MiFIR and SFTR
Navigating your European reporting obligations can be tricky.
We’ve answered some of our most frequently asked questions below to help you understand your transaction reporting obligations a little better.
Meet the team: Manoj Kumar
How did Manoj find himself at TRAction? Prior to joining TRAction, Manoj worked at a legal tech domain. Factors that led to Manoj’s search for a new challenge included his ambition for a role that is “faster-paced, more advanced and intellectually demanding.” Manoj quickly realised TRAction was the perfect fit for his skills and interests. Manoj’s […]
MiFID Reporting Remediation Tips and Traps – FCA’s Market Watch 82
The FCA has published observations of their supervision of the UK MiFID transaction reporting regime in Market Watch 82. It discusses: remedial timelines, back reporting and breach notifications on trade reporting, advising firms to consider if these should be integrated into existing processes. Operational frameworks should be improved given persistent inefficiencies the FCA has observed. […]
What do everyday brands have in common with complex financial instruments?
More than you may expect. Behind everyday products found in homes around the world, leading consumer goods companies rely on derivatives to manage global risk and keep operations running smoothly. Here’s how they manage volatility across the supply chain: FX hedging to navigate revenue from sales in over 150 countries. Commodity hedging to control costs […]
Crypto-asset identifiers – (DTIs) as underliers for UPIs
Historically, crypto-assets, as opposed to other financial instruments, have been more difficult to identify given their complexities and intricacies. To date, they been given general short-names. For example: bitcoin is called BTC or XBT, and Ethereum Ether referred to as Ξ, Ether or ETH Non-uniformity of such names, has made the process of identifying such […]
Flying with Derivatives: Keeping Airports Grounded in a Turbulent Economy
What if we told you airports use financial derivatives to keep operations running smoothly despite economic headwinds, fuel cost fluctuations, and rate volatility? Major international airports don’t just manage runways, they manage risk. Behind the scenes, derivatives help keep everything from infrastructure projects to passenger services financially on track. Here’s how airports use derivatives: Interest […]
Cruising with Derivatives: Staying Afloat in Choppy Markets
What if we told you cruise companies use financial derivatives to navigate volatile fuel prices and manage financial risk? Global cruise lines rely on derivatives to smooth out costs and keep long-term strategies on course even when markets get rough. Here’s how they use derivatives: Fuel hedging to lock in bunker fuel prices and reduce […]
Meet the team: Abhinav Choudhary
How did Abhinav find himself at TRAction? Abhinav joined TRAction’s team after gaining his Master of Computer Applications from Central University of Karnataka. Abhinav’s responsibilities in his role… Abhinav works with clients to understand their requirements in order to write new code and apply changes to existing clients upon request. His role also involves assisting […]
Meet the team: Agata Winnicka
How did Agata find herself at TRAction? Agata previously worked for a CFD broker, as a Business Development Manager. Commenting on why she joined TRAction, she adds, “I thought it would be an interesting experience to see trading from another angle.” Agata explains that she found out about an open opportunity at TRAction through a […]