REGIS-TR exceeds 3 billion reports

9 April, 2015

Luxembourg/Madrid, April 9th., 2015

  • Number of reports tripled since October 2014
  • The daily average of reports processed by REGIS-TR since its start is 10.3 million
  • The total number of clients with signed contracts stands at 900 – onboarding continues

In April the number of reports received by REGIS-TR, the European trade repository owned by Clearstream (Deutsche Börse) and Iberclear (BME), exceeded 3 billion, three times the number of reports that were received in October of last year.

Ever since REGIS-TR went live on 12 February 2014, the daily average of reports processed by the trade repository amounts to 10.3 million.

Elena Carnicero, Chief Executive Officer of REGIS-TR, comments: “Passing yet another milestone proves that REGIS-TR has become an established trade repository in Europe that is the reliable partner in times of ongoing regulatory changes in the market. 900 clients are already using our services, and we take their trust as a sign of confidence placed in us and the very competitive and cost-effective product that we offer. We are with our clients that need to meet their reporting obligations and are looking forward to welcoming more of them in the future.

REGIS-TR will continue to improve its services and follow its strategy to become a one-stop-shop for trade reporting in Europe. Another step will be REGIS-TR’s recognition as Registered Reporting Mechanism for reporting for trades under the Regulation on wholesale Energy Market Integrity and Transparency (REMIT). Additional value-added services will be reporting under FinfraG (the Swiss Financial Market Infrastructure Act) and Shadow Banking.

About REGIS-TR

REGIS-TR is a central trade repository for derivatives transactions across multiple product classes. It facilitates administrative tasks and helps improve the operational management of these transactions. REGIS-TR collects and administers details of derivatives transactions reported by users, giving market participants and regulators access to an unprecedented consolidated view of these derivative positions.

REGIS-TR complies with all new regulatory proposals that have been made public to date and serves both financial and non-financial institutions. The trade repository delivers flexible participation levels that adapt to the diverse profiles and needs of all stakeholders and actors in the derivatives market.

 

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