mifir | TRAction

Daylight Saving Time Starts in Europe and the UK

Most European countries alongside the UK will need to turn their clocks forward by 1 hour this Sunday, 31 March 2024. While you enjoy the sun and longer days, you will also need to check that the time settings in your trade/transaction reporting are correct.

TRAction and Fasanara – MiFIR reporting solution rolled out

Fasanara Capital, a leading institutional asset manager, has engaged with TRAction, a premier regulatory technology provider for trade reporting solutions, to enhance their Markets in Financial Instruments Regulation (MiFIR) reporting processes. This collaboration aims to: Alleviate the burden on Fasanara Capital regarding the human and internal resources dedicated to trade reporting; Deepen understanding of trade […]

MiFID III and MiFIR 2 (Amendments to MiFID II and MiFIR)

What is it? The latest update to the Markets in Financial Instruments Directive (MiFID II), being the regulatory framework for financial markets in the European Union (EU). As it is a fairly major update the industry sometimes calls it “MiFID III” or “MiFID 3”. Why? The European Parliament sums up the intent behind the amendments […]

TRAction & Duco: Enhanced Data Solutions, Trade Reporting

TRAction has partnered with Duco, the AI platform for enterprise data automation, to provide its clients with reconciliation services. As part of TRAction’s updated service offerings which commenced in 2024, clients on EMIR and MiFIR Premium and Assured plans will receive reconciliations as part of their service. This will involve a three-way reconciliation which compares […]

What is UPI+?

The commonly used identifier amongst the European regulators, the International Securities Identification Number (ISIN) has traditionally played a crucial role across various regimes.

ESMA Q&A Update – MiFIR Market Structure

Topic MiFID II and MiFIR Market Structure Date: 13 October 2023 Regulations RTS 15 – Commission Delegated Regulation (EU) 2017/572 Level of significance of change Minor Main points Section 6, Question 8 Trading venues are expected to implement the same fees schedule and rebate policy for all Central Clearing Counterparties (CCPs) accessing the trading venue. […]