Unique Transaction Identifier (UTI) – Explained
ESMA, the FCA, ASIC and MAS are placing greater emphasis on Unique Transaction Identifiers (UTIs) and their consistent application between counterparties as part of their roll-out in 2024 of updated derivative reporting requirements in their jurisdictions.
Is Crypto Trading Reportable Under EMIR and MiFIR?
As the popularity of crypto-assets sweeps the market internationally, both ESMA and the FCA have been working to amend the EU and UK regulations – EMIR and MiFIR to support the adequate reporting of crypto-assets. TRAction discuss the reportability under both regimes.
FCA – Market Watch 78
FCA – Market Watch 78: Completeness and accuracy of instrument reference data (IRD) under RTS 23. UK trading venue operators and systematic internalisers are required to provide the FCA with details of the financial instruments traded on their platforms.
IRD enables the FCA to understand the nature and characteristics of products traded by market participants.
TRAction & oneZero: Enhanced Trade Reporting Integration
TRAction, a leading provider of trade reporting service, and oneZero, a global leader in multi-asset enterprise trading technology solutions, have announced a new enhancement to their existing integration. TRAction, which specialises in regulatory reporting to simplify compliance for brokers, offers its clients a range of pre-built integrations with trading platforms to help minimise the manual processes […]
RTS 27 and 28 – The 2024 Status of These Reports in UK and EU
With the separation of EU and UK requirements and the beginning of divergence, determining whether your firm needs to complete RTS 27 and 28 reports can be very confusing. We summarise the current status of each report across both regimes.
What is a fractional share? Are they reportable under EMIR and MiFIR?
There are two distinct financial instruments commonly referred to as “fractional shares”.
FCA – Market Watch 76
FCA – Market Watch 76: Observations on ‘flying’ and ‘printing’. Flying and printing is a term used in financial markets to describe misleading practices where firms manipulate bids, offers, or executed trades to give a false impression of liquidity on price. Clients or other market participants may take investment decisions based on this false or misleading information.
The UPI has Gone Live for Regulatory Reporting (CFTC)
One key part of the regulatory reporting changes which are being rolled out globally in 2024, involves the introduction of the Unique Product Identifier (UPI) into the requirements.
TRAction joins the Alternative Investment Management Association (AIMA)
TRAction, a leading provider of trade reporting solutions has joined the Alternative Investment Management Association (AIMA), the global representative of the alternative investment industry, in a move that will enable TRAction to support AIMA members’ increasing trade and transaction reporting requirements as regulations continue to be rolled out.
Fortune Prime Global partners with TRAction to Streamline ASIC Reporting for Forex and CFD Trading
Fortune Prime Global, a CFD and forex broker holding an AFSL, has partnered with TRAction,
a leading regulatory technology provider for trade reporting solutions to assist its compliance
with Australian ASIC OTC derivative reporting regulations.
