25 March 2018
visit www.nextgenbanking.co.uk

FSA approves LSE as reporting mechanism

04 October 2007  |  1195 views  |  0 Source: London Stock Exchange

The FSA has confirmed that the London Stock Exchange's Exchange Reporting Service (ERS) will be an Approved Reporting Mechanism for the provision of transaction reports under MiFID.

The ERS offers a comprehensive low-cost, multi-asset class transaction reporting service for customers wishing to have a straightforward and cost effective way of submitting MiFID-compliant transaction reports to the FSA.

The service builds on the Exchange's experience in providing transaction reporting, and will encompass the expanded range of transactions for which reports to regulators will now be required, including:
  • both on-exchange and OTC trading
  • equities, debt and derivatives
  • trades done on regulated markets or on prescribed markets such as AIM.

The Exchange is also considering expanding the ERS to offer the capability to submit transaction reports to other European regulators.

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
Visit www.vasco.comVisit www.nextgenbanking.co.uk

Top topics

Most viewed Most shared
hands typing furiouslyBitcoin at 50,000 USD?
15000 views 0 | 8 tweets | 5 linkedin
BBVA tests 'invisible payments' technology at inhouse cafeBBVA tests 'invisible payments' technology...
12499 views comments | 16 tweets | 35 linkedin
RBS hatches plan to create digital challenger bankRBS hatches plan to create digital challen...
12138 views comments | 12 tweets | 23 linkedin
Barclays partners seven watch brands for contactless timepiecesBarclays partners seven watch brands for c...
10880 views comments | 14 tweets | 32 linkedin
Germany's N26 readies for US launch with EUR110 million capital injection led by Allianz and TenCentGermany's N26 readies for US launch with E...
9038 views comments | 15 tweets | 11 linkedin

Featured job

Find your next job