Tag: trade reporting

DTCC teams up with Droit, expands one-stop trade reporting
April 08, 2019 BY Valentina Kirilova

DTCC teams up with Droit, expands one-stop trade reporting

The Depository Trust & Clearing Corporation (DTCC) just announced that it has teamed up with real-time transactional compliance firm Droit. The partnership aims to enable market participants to leverage Droit’s reporting eligibility capabilities within DTCC’s Pre-Reporting Transformation Services for supported G20 regimes as well as the forthcoming Securities Financing Transactions Regulation (SFTR). Since 2014, Droit’s ADEPT…

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January 12, 2017 BY admin

RegTech firm AQMetrics enhances readiness of MiFID II solution

Ireland-headquartered RegTech company, AQMetrics, today announced new enhancements to its end-to-end risk and compliance solution as part of its cloud-based platform. These enhancements will help both buy-side and sell-side firms better prepare for MiFID II (Markets in Financial Instruments Directive II), a year in advance of the regulatory deadline of January 2018. The recent enhancements…

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Stax Inc. teams up with Coleman Research
January 05, 2017 BY LeapRate Staff

Forex broker trade data disclosure rules to be effective March 31: NFA

National Futures Association (NFA), the self-regulatory organization for the U.S. derivatives industry, has announced that its new proposed rules regarding trade data disclosure around Forex transactions will become effective as of March 31, 2017. We had reported back in November that the NFA decided that more transparency was needed in retail forex transactions - in…

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November 30, 2016 BY admin

NFA submits new Forex trade transaction disclosure rules to CFTC

The National Futures Association (NFA) this week has submitted to the Commodity Futures Trading Commission (CFTC) new Forex data transaction disclosure rules which were unanimously approved by NFA board members and of which reps from the five USA based retail Forex Dealer Members (FDMs) indicated that they had no objection to providing. The proposed compliance rule…

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March 31, 2016 BY Mike Fox

ESMA fines DTCC Derivatives Repository Limited €64,000 for data access failures

The European Securities and Markets Authority (ESMA) today has fined the trade repository DTCC Derivatives Repository Limited (DDRL) €64,000, and issued a public notice, for negligently failing to put in place systems capable of providing regulators with direct and immediate access to derivatives trading data. This is a key requirement under the European Markets and…

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February 11, 2016 BY Mike Fox

Q & A: Cappitech CEO discusses Forex trade reporting and EU regulation

This week LeapRate spoke with Ronen Kertis, President and CEO of Cappitech, a privately held financial technology boutique. Mr. Kertis has been innovating at the cross-section of tech and finance since 2000, where he's held CTO roles at ITG Europe and ITG Asia, before serving as CEO of ITG Israel. Cappitech has expertise in developing FIX…

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December 23, 2015 BY Maria Nikolova

Importance of Trade Reporting systems: Macquarie fined $3 million

The Financial Industry Regulatory Authority (FINRA) today announced it has imposed a fine of $2.95 million on Macquarie Capital (USA) Inc. over the firm's failure to file comprehensive and accurate trade data in an automated format when requested by the Securities and Exchange Commission (SEC) and FINRA. In addition, Macquarie was ordered to carry out…

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