What is a Trade Repository?

November 8, 2016

A Trade Repository is an entity that centrally collects and maintains the records of over-the-counter (OTC) derivatives. They play a central role in enhancing the transparency of derivative markets and reducing risks to financial stability.

In Europe, Trade Repositories are registered and supervised in Europe by the European Securities and Markets Authority (ESMA) under the European Market Infrastructure Regulation (EMIR).