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Launch of EMIR Refit UAT on LSEG Post Trade

TRAction has begun testing EU EMIR Refit submissions in the UAT environment, following its launch by LSEG Post Trade. EMIR Refit is set to bring about significant changes in trade reporting, and our team is hard at work to ensure a seamless transition for our clients.

In addition, the Derivatives Service Bureau, has rolled out the Unique Product Identifier (UPI) service. This allows TRAction to be at the forefront of UPI testing in the market, months ahead of EMIR Refit Go-live. Our proactive approach ensures that we are well-prepared for the upcoming EMIR Refit reporting.

Stay tuned for more updates on our progress!

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Quinn Perrott

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Quinn Perrott

Quinn is co-CEO and founder of TRAction and focuses on assisting clients in Europe, Asia and Australia to meet their regulatory requirements with trade and transaction reporting solutions as well as development of the best execution platform. With a background in IT, Quinn started in the financial markets as IT Manager for City Index. He then co-founded and worked as a General Manager at one of Australia’s largest margin FX and CFD providers. Quinn has provided educational sessions to Australia’s regulatory bodies in relation to operational aspects of derivatives and trading platforms.