Sophie Gerber | TRAction

What are CBDCs? Will CBDCs be used as Collateral and require Trade Reporting in Australia?

Recently, the Reserve Bank of Australia (RBA) considered a pilot for central bank digital currencies (CBDCs) and underwent a research project called Project Acacia. The intent of the project was to look into the adoption of a future digital currency along with the relevant technological infrastructure and how it may help shape the form of […]

Meet the team: Olivia Hamilton-Foster

How did Olivia find herself at TRAction? Prior to starting at TRAction, Olivia was working in luxury and beauty retail whilst finishing her studies. She says, “I decided I wanted to pursue a marketing role so that I could expand my skillset and maintain a bit of creativity in my work.” Olivia’s responsibilities in her […]

Back Reporting of Collateral & Valuation information under the updated ASIC & MAS Rules

When performing the back reporting for collateral and valuation information which is required under ASIC and MAS, do you need to report such information for each day or only on the latest day? For both regimes, the answer is the same and depends on the status of the transaction. If a transaction has been terminated, […]

7 Common XSD Errors in ASIC & MAS

ASIC Rewrite and MAS Rewrite both introduced a major structural change with the move from the CSV to XML file structure. XML uses an embedded schema and validation system using XSD files. Essentially, when creating an XML file, it is checked against a set of formatting and data rules in the XSD file. If your […]

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).