23 February 2018
Visit www.capgemini.com/worldreports

LSE and Boat to build MiFID II trade reporting service

03 September 2015  |  8745 views  |  0 LSE 1

The London Stock Exchange has inked a deal with Boat Services to build a MiFID II-compliant multi-asset reporting platform.

With new trade reporting requirements looming for market participants, the LSE says the platform will provide a one-stop shop for firms looking to ease the regulatory burden.

The real-time service will bring together the LSE's and Cinnober-owned Boat's existing MiFID-compliant trade reporting platforms and complement the T+1 MiFID and Emir transaction reporting service available via UnaVista.

The London exchange group says it will apply for Approved Publication Arrangement status, to incorporate Systematic Internaliser and OTC reporting, which replaces the current Trade Data Monitor (TDM) label under the updated directive.

The LSE's head of equity and derivatives markets, Nicolas Bertrand, says: “Signing this agreement with Boat Services represents an important step in creating a single, multi-asset Trade Reporting service for European capital markets. Responding to demand from customers, this partnership will bring a comprehensive reporting solution to market quickly, ahead of new reporting requirements under MiFID II.”

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

Industry bodies call for regulatory clarity in trade reporting standards

Industry bodies call for regulatory clarity in trade reporting standards

15 June 2015  |  3757 views  |  0 comments | 6 tweets | 5 linkedin
Markit sells Boat trade reporting service to Cinnober

Markit sells Boat trade reporting service to Cinnober

02 July 2014  |  7481 views  |  0 comments | 1 tweets
Europe reaches agreement on MiFID reforms

Europe reaches agreement on MiFID reforms

15 January 2014  |  8835 views  |  1 comments | 6 tweets | 5 linkedin
MiFID II reforms to limit dark pool trading

MiFID II reforms to limit dark pool trading

17 June 2013  |  3344 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
Visit https://www.capgemini.comvisit www.nextgenbanking.co.ukVisit www.vasco.com

Top topics

Most viewed Most shared
Ripple makes new connections to emerging marketsRipple makes new connections to emerging m...
11116 views comments | 14 tweets | 10 linkedin
hands typing furiouslySome Interesting Applications Of The Inter...
10139 views 3 | 9 tweets | 1 linkedin
Basel Committee outlines disruptive fintech scenariosBasel Committee outlines disruptive fintec...
8002 views comments | 15 tweets | 26 linkedin
Investment Association sets up fintech accelerator for asset managersInvestment Association sets up fintech acc...
7642 views comments | 19 tweets | 10 linkedin
R3 creates Legal Centre of Excellence for blockchain technolgyR3 creates Legal Centre of Excellence for...
7412 views comments | 10 tweets | 14 linkedin

Featured job

Competitive base + commission
London, UK

Find your next job