Traders

CME Group secures European TR approval

Fri, 29/11/2013 - 12:18

CME Group has received approval from the European Securities and Markets Authority (ESMA) as a trade repository (TR) under the European Market Infrastructure Regulation (EMIR).

CME Group's multi-asset European (EU) trade repository, based in London, will accept submission of trades across all mandated derivative asset classes namely interest rates, FX, credit, commodities and equities.
 
It will accept cleared and non-cleared, bilaterally settled, over the counter and exchange-traded derivatives executed on venues anywhere in the world. The reported data will be made available to the reporting entity itself, as well as relevant regulators, supervisors and authorities.
 
"Trade reporting of derivatives transactions is one of the major requirements of the post-crisis G20 summit and our CME European trade repository will enable sell-side and buy-side clients to ensure they are fully compliant in the EU," says Jonathan Thursby, president, CME global repository services.  "This European addition to our existing CME swap data repository in the US means that we can help our global and regional customers fully comply with multi-jurisdictional reporting."
 
In conjunction with its approved TR, CME Group will offer a delegated reporting service to its EU customers to comply with EMIR.  By offering this service, CME Group is addressing the increasingly complex and burdensome reporting obligations its customers face by making it a straight through processing activity of the CME Group's global futures and swaps markets.
 
CME Group operates one of only three swap data repositories which were authorised in November 2012 for reporting under the Dodd Frank Act in the US. 


Subscribe to free daily newsletter
latestjobs
VP/SVP Credit Quant- NY- Investment Bank

Sun, 28 Dec 2014 00:00:00 GMT

Quantitative Research | Equity | New York

Sat, 27 Dec 2014 00:00:00 GMT

SVP Model Validation

Sat, 27 Dec 2014 00:00:00 GMT

events
2 weeks 2 days from now - New Orleans
3 weeks 4 days from now - Boston
3 weeks 4 days from now - New York
4 weeks 1 day from now - New York
specialreports