Daylight Saving Time for New York Ends this Weekend
Are you reporting trades by New York (NY) time or following NY close of business? If so, it is important to check your trades/transactions are still reported at the correct time since daylight saving time (DST) ends in the US this weekend (5 November 2023).
Meet the team: Ved Prakash Dubey
How did Ved find himself at TRAction? Before joining TRAction, Ved worked as a Credit Analyst in New York. During his time there, he developed a strong foundation in financial analysis and reporting. Ved was looking for a new challenge in a dynamic, globally focused environment, and TRAction stood out to him as a place […]
Daylight Saving Begins in Australia – What Do You Need to Do?
Daylight Saving Time (DST) starts this weekend (Sunday, 6 October 2024) in Australia for most states. While you enjoy the sun and longer days, you’ll need to check your ASIC OTC derivative reporting is using the correct time settings after the time change.
Meet the team: Priyal Jain
How did Priyal find herself at TRAction? Before joining TRAction, Priyal worked as a Software Developer at a multinational technology company, where she gained experience in system design and development. Priyal was introduced to the opportunity at TRAction by her husband who was already familiar with the company. Priyal’s responsibilities in her role… As a […]
Meet the team: Nikhil Jain
How did Nikhil find himself at TRAction? Before joining TRAction, Nikhil worked as a Full-Stack Developer at a cloud security start-up. The company focused on cloud provisioning and security management for platforms like AWS, GCP, and Azure. His main role was improving both the frontend and backend to make the product smoother and more efficient. […]
Unique client IDs / Duplicate Counterparty 2 Identifiers – ASIC Trade Reporting for CFDs
In the first half of 2025, ASIC engaged with several Australian CFD providers after evidently having done a large-scale analysis of their reported data. One of the main issues raised by ASIC related to ‘Unique IDs’. There still appears to be some confusion in the CFD market around its root cause and resolution. Part of […]
Meet the Team: Melina Theodorou
How did Melina find herself at TRAction? Before joining TRAction, Melina was working as Head of Compliance at a CIF (Cyprus Investment Firm) for 7 years, and then held the position of Executive Director for another 2 years. Melina recalls, “when I decided to leave the forex industry, I met a classmate of mine by […]
Avoiding Trade Reporting Penalties
Regulators require complete, accurate and timely transaction reports in order for them to be able to monitor, detect and disrupt any potential market abuse or mitigate issues that could have a significant impact on markets. Global trade reporting regulations have aligned in putting the onus on reporting entities to notify their regulator of incidents and […]
Meet the team: Finlay Walsh
How did Finlay find himself at TRAction? “Prior to TRAction, I worked at an accounting firm as part of the concierge team. In 2023, I graduated university in the UK, with a degree in Marketing Communications. After this, I knew I wanted to move to Australia. Before settling in Sydney, I travelled up the east […]
Meet the team: Martin Kloosterman
How did Martin find himself at TRAction? Before joining TRAction, Martin was working in China for Pinpoint, who was entering the Chinese market for credit card reward points. He says “I was looking for a new challenge with a small company with potential – and I certainly found that.” Martin’s responsibilities in his role… During his […]