Shenkman Capital Management, Inc. partners with TRAction
Shenkman Capital Management, Inc. has partnered with TRAction for seamless transaction reporting in Australia using TRAction’s trade reporting solution. Shenkman Capital, a leading investment manager focused on the leveraged credit markets, has engaged TRAction, a premier regulatory technology provider for trade reporting solutions, to enhance their compliance with the ASIC OTC derivatives trade reporting obligations. […]
If These Aren’t in Your Brokerage’s Liquidity Agreement, Something’s Wrong
When engaging a new liquidity provider, the focus is often on spreads, market depth and pricing. But have you considered the hidden risks within your LP agreements? TRAction’s co-CEO, Sophie Gerber, alongside Astrid Raetze from ABML Consulting Pty Ltd, shared their insights with Finance Magnates in this recent article. From asset segregation and collateral management […]
How Does The End of Daylight Saving Affect Your ASIC Reporting?
Daylight saving time has ended in Australia. Here are our tips on how to ensure the time settings in your trade/transaction reporting are correct.
Reminder: Daylight Saving Time for New York Starts 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 now that daylight saving time (DST) has started in the US (13 March 2022).
Spread notation of leg 1 (where applicable) – MAS Rewrite
Spread of leg 1 (where applicable) – MAS Rewrite
ASIC’s updated Schedule 1 Technical Guidance – Point to note
ASIC has published an update (version 1.1) to its Schedule 1 Technical Guidance (Technical Guidance). The Technical Guidance is complementary to the updated ASIC RG 251 (Derivative Transaction Reporting) and reporting entities should use both resources to assist in understanding the reporting requirements given the changes made to the ASIC Derivative Transaction Rules (Reporting) 2024 […]
Carbon Credit Trading and ACCUs in Australia
Australian Carbon Credit Units (ACCUs) and certain other emissions units are considered ‘financial products’ in Australia. However, they are not reportable under the ASIC Derivative Transaction Rules (Reporting) 2024 (ASIC Rules) since in their direct form, they are not an ‘over-the-counter (OTC) derivative’. Where an ACCU is the underlier of an OTC derivative however, i.e. […]
Need to update your Pre-MAS Rewrite Trades?
Time is running out for MAS regulated firms Under the new MAS Rules for trade reporting, which began on 21 October 2024, there is a 6 month transition period provided to reporting entities. Outstanding contracts that were previously reported before 21 October 2024 and maturing on or after 21 April 2025, need to be re-reported […]
Need to update your Pre-ASIC Rewrite Trades?
Time is running out for ASIC regulated firms Under the new ASIC Rules on trade reporting, which began on 21 October 2024, there is a 6 month transition period provided to reporting entities. Reportable trades that were entered into on or before 20 October 2024 with an expiry beyond 20 October 2025 (but have not […]
