EU trade repository matching disrupted by Emir overhaul
Some say problem affecting derivatives reporting has been resolved, but others find it persists
Trade repositories (TRs) responsible for collecting and storing details of executed derivatives trades stopped exchanging data with each other for several months following an overhaul of European Union trade reporting rules, according to five sources. Although two sources say data seems to be flowing again, another two are still experiencing problems.
“The inter-TR reconciliation is still not working as you’d expect due to what we deem to be many issues at certain TRs,” says a reporting service
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