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Majority of Emir derivatives reports cannot be matched, say repositories
Missing trade and entity identifiers mean up to 60% of derivatives trades reported under the Emir regime cannot be paired with their corresponding halves, say trade repositories
![na9-non-matching na9-non-matching](/sites/default/files/styles/landscape_750_463/public/import/IMG/412/285412/na9-non-matching-580x358.jpg.webp?itok=ywIDGn0R)
European repositories are warning up to 60% of derivatives trade reports entering their systems cannot be matched with their corresponding halves, leaving vast numbers of orphaned reports and a patchy picture of what is happening in derivatives markets.
Europe's trade reporting mandate requires both counterparties to a listed or over-the-counter derivatives trade to report their side of the transaction to a trade repository, which involves the submission of a counterparty's legal entity
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