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Trade reporting: finding your match 

June 26, 2014
Jonathan Watkins, FOW

Four months after the new rules took effect firms are still struggling to come to terms with the new European regime

Firms are struggling to match their futures trades across different reporting venues under Europe's new regulatory regime, blaming an absence of a consistent framework and a lack of understanding across the industry.

Trade reporting requirements under the European Markets Infrastructure Regulation (EMIR) are aimed at increasing transparency in an opaque market, though flaws in the process are hampering this goal being achieved.

The mandate took effect four months ago accompanied by an eleventh hour Q&A as guidance on how to report the trades.

Read More: FOW

 
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