FCA Market Watch 81 – Recent Observations on UK MiFID transaction reporting
December 16, 2024
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If you’re considering passing the burden of reporting over to a delegated third-party like TRAction, you’re probably wondering, “Can they connect to our current trading platform?”
At TRAction, we understand that delegating your reporting should relieve your stress not add to it, that’s why our team ensures we can integrate with as many platforms as possible.
Even if your firm isn’t using one the above platforms, we still strive for seamless reporting by allowing clients to provide us their data through either:
Additionally, TRAction partners with oneZero to streamline the pairing and matching of Unique Transaction Identifiers (UTI) reporting obligation under EMIR. Our partnership provides a bridge between platforms, such as MT4 and MT5, and hedging counterparties/liquidity providers (LPs) enabling the creation of a shared UTI between the counterparties to a trade.
Thinking of changing your current regulatory reporting service?
TRAction is here to make the process as smooth as possible.
Transitioning to a new regulatory reporting service can seem daunting and we understand the stress firms may face when switching to another reporting delegate, TR or ARM.
TRAction’s core business purpose is to provide seamless reporting services to simplify the daily reporting requirements for our clients. Stress-free.
Trade reporting is at the core of TRAction’s business operations, which means our expertise lies in reporting and regulation. Our team invests significant time and energy in developing innovative and streamlined methods to report your trades.
We have an enthusiastic team with a client-focused mindset. We listen to our clients and consistently try to improve our services and solutions for them as well as reduce any gaps in communication. Our talented staff can also provide services in multiple languages if required.
Check out our blog for the latest updates on regulatory changes and issues regarding trade/transaction reporting under ASIC, EMIR, MiFIR, SFTR, MAS, Canada and other regimes around the world.
Whether you're looking to switch your reporting delegate or transition between TRs/ARMs, TRAction manages every stage of the transition effectively without complication.
If you're considering passing the burden of reporting over to a delegated third-party like TRAction, you're probably wondering, "Can they connect to our current trading platform?"
See TRAction's dedicated resources page, including our blog and video content, to ensure you stay up to date with regulatory changes and trade and transaction reporting news
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