UnaVista


SIX to establish Swiss trade repository as Parliament discusses reform

Swiss post-trade specialist SIX Securities Services is planning to establish a central trade repository for derivatives transactions in Switzerland, using the London Stock Exchange’s UnaVista platform. The platform is being built to allow Swiss customers to report under the Swiss Financial Market Infrastructure Act, which is currently in parliamentary consultation.

EMIR trade reporting deadline takes effect – but where are the standards?

New European rules that require banks, brokers and clients to report their daily market positions and collateral values to trade repositories came into effect yesterday. But European regulator ESMA made no clarification about models, leaving the question of how to report up to the market. That could cause problems, market participants have warned.