TRADESPARENT presents a brand-new add-on module to report on regulatory compliance affecting the commodity industry. This Add-On Edition is fully integrated in TRADESPARENT’s Base and Enterprise versions and an integral part of the flexible and data-driven risk management solution setting the standards in the industry. Our unique approach to data integration and aggregation from multiple sources, harmonizing the data, applying specific business logic and reporting is available for external stakeholders as well, in a way you (and the competent authorities) desire! Next to the position and performance insights you are used to with TRADESPARENT, the platform now includes regulatory monitoring and reporting as well. MiFID II Starting January 2018, companies trading derivatives both over-the-counter or on regulated markets need to comply with certain regulation to improve the functioning of financial markets, making them more efficient and transparent. The amount of commodity derivatives traded is subject to limitations to avoid over-concentration in any particular futures contract. On a real-time basis, companies trading on European commodity exchanges need to monitor their positions against the limits imposed by the competent authority. EMIR/FinfraG Next to the monitoring of economically equivalent OTC and exchange traded derivatives, all other traded OTC derivatives need to be reported
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Source: CTRM Center