Trax adds Thomson Reuters data to MiFID II reporting and SI services
Thomson Reuters will provide its market and reference data to APA and ARM services at Trax, as well as the SI determination tool.
Thomson Reuters will provide its market and reference data to APA and ARM services at Trax, as well as the SI determination tool.
Trax and TORA have combined their services to help clients meet MiFID II trade and transaction reporting requirements.
Integration aims to simplify trade transaction reporting under EMIR, MiFID and MiFID II.
Trax will begin testing for transaction reporting under MiFID II with the FCA as of summer this year.
Tool combines Trax’s reporting service with Droit Financial’s eligibility tool for EMIR derivatives regulatory requirements.