The premier post-trade market infrastructure for the global financial services industry, the Depository Trust & Clearing Corporation (DTCC), has announced that its Global Trade Repository (GTR), through its locally registered trade repository, has added trade repository services for Newfoundland and Labrador.
With this addition, GTR now supports all Canadian provinces and territories, with existing support for Alberta, British Columbia, Manitoba, New Brunswick, Nova Scotia, Ontario, Quebec, Saskatchewan, Nunavut, Northwest Territories, Prince Edward Island and Yukon.
Marisol Collazo, CEO of GTR Americas for DTCC, commented:
We are pleased to be able to deliver robust and comprehensive derivatives trade reporting capabilities to market participants and regulatory authorities across Canada, bringing greater transparency and risk mitigation to the OTC derivatives markets.
As the only global trade repository offering reporting services across all five asset classes, we continue to work with regulators, service providers and end users to facilitate reporting in Canada and other major jurisdictions. Our commitment is to continue to support our clients by offering a flexible platform which simplifies their reporting processes by enabling them to report all their trades once.
Today, there are over 6,000 firms leveraging GTR for more than 60,000 accounts, with over 150 firms managing 620 accounts in Canada alone.