Friday December 13 2013

News Source: Global Exchanges

Focus: Derivative Market Segment

Type: General




Commerzbank has chosen REGIS-TR, the European Trade Repository owned by Clearstream (Deutsche Börse Group) and Iberclear (BME) as their provider of trade reporting services, ahead of the European Market Infrastructure Regulation (EMIR) obligation to report over-the-counter (OTC) and listed derivative transactions. Commerzbank’s timely decision allows it to be in the initial wave of institutions to complete the onboarding process with REGIS-TR ahead of time while many others are currently finalising details to ensure they are ready to start with the mandatory reporting once the regulation comes into force on 12 February 2014.

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