Regulatory Reporting
Please note for the latest information and assistance on TRAX please visit www.xtrakter.com this site will be phased out in due course.
TRAX provides a cost-effective means for subscribers to comply with transaction reporting obligations to regulatory authorities and exchanges within the EU/EEA.
Each subscriber can be configured to enable details of transactions in relevant securities to be transmitted automatically. Trade reporting to one or more of the following regulators/competent authorities is already available at no additional cost for subscribers to the full, matching services.
- Financial Services Authority (UK)
- Autorité Des Marchés Financiers (France)
- Authority for the Financial Markets (Netherlands)
Extra data fields and flexible messaging formats mean that TRAX is ready to respond quickly to increased reporting requirements of regulators around Europe as the MiFID legislation is enacted in national markets.
TRAX reporting is designed with high volume users in mind.
TRAX is the the ideal reporting solution with:
• Regulatory reporting hub to facilitate MiFID Article 25
• Real time trade matching and reporting of bonds, derivatives and equities
• Real time exchange of standing settlement
If you would like to learn more about compliance, please click here for ‘MiFID’
Transparency
TRAX subscribers have access to end of day data derived from the trades entered into the system. High, low and average traded prices and daily volumes are calculated for individual instruments.
This information is also made available to the market through data vendors and Xtrakter’s own data services.
TRAX complies with requirements of the Markets in Financial Instruments Directive (MiFID). To find out more please click here for ‘MiFID Compliance’ or here ‘TRAX Data Volumes ’.