20 August 2017
visit www.avoka.com

FSA approves Xtrakter for derivatives reporting

26 January 2010  |  1592 views  |  0 Source: Xtrakter

Xtrakter, the market utility, is pleased to announce that the Financial Services Authority (FSA) of the United Kingdom has approved it to regulatory report exchange traded derivatives (ETD) using Alternative Instrument Identifiers (Aii).

The new Aii approval was awarded to Xtrakter after it successfully completed an FSA review and a period of extensive testing. As an Approved Reporting Mechanism (ARM) Xtrakter will continue to adhere to the requirements of Directive 2004/39/EC of the European Parliament and of the Council 21, April 2004 Markets in Financial Instruments Directive (MiFID).

Yannic Weber, Chief Executive Officer, Xtrakter commented: "We are pleased to have obtained FSA approval for our new Aii reporting service. This endorsement reinforces our position as a regulatory reporting hub for European transactions. Xtrakter delivered its new Aii reporting functionality on time and we are already processing complex derivative reports. I would like to take this opportunity to thank all those who were involved in making this possible."

Xtrakter is an Approved Reporting Mechanism (ARM) under MiFID and provides regulatory reporting to FSA (UK), AMF (France) and AFM (Netherlands). Xtrakter additionally provides primary dealers with an onward reporting facility to the National Bank of Belgium (NBB) in accordance with the NBB and Securities Regulation Fund requirements.

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
download the paper nowvisit www.dorsum.euvisit www.worldpaymentsreport.com

Top topics

Most viewed Most shared
Mobile contactless spending accelerating in UKMobile contactless spending accelerating i...
9717 views comments | 23 tweets | 23 linkedin
Norwegian banks and startups form fintech clusterNorwegian banks and startups form fintech...
8159 views comments | 19 tweets | 23 linkedin
RBS to bring Silicon Valley to EdinburghRBS to bring Silicon Valley to Edinburgh
7798 views comments | 10 tweets | 7 linkedin
hands typing furiouslyWhy Is Risk Analytics Important?
7546 views 0 | 2 tweets | 1 linkedin
Barclays pairs banking data with third party apps for SmartBusiness DashboardBarclays pairs banking data with third par...
7029 views comments | 14 tweets | 13 linkedin

Featured job

Find your next job