March 12, 2020

REGIS-TR and GLMX Partner For SFTR

The European trade repository REGIS-TR is partnering with GLMX to provide a hosted reporting service for Securities Finance Transaction Regulation (SFTR).

Clients will be able to use GLMX’s pre- and post-trade platformand then delegate their reporting to GLMX to report their securities finance transactions to REGIS-TR under SFTR.

“GLMX is working with industry leaders to design an SFTR reporting solution that can ease the complexity of routing data to trade repositories,” said Nick Bruce, Head of Business Development, REGIS-TR. “We are delighted to be working with GLMX on this initiative.”

“SFTR will increase transparency in securities financing transactions but also presents a complex reporting challenge for market participants,” said Phil Buck, Managing Director of Europe, GLMX. “Our partnership with REGIS-TR allows GLMX to connect directly to the trade repository on behalf of customers, streamlining the onerous reporting process and enabling them to fulfil their regulatory obligations.”

SFTR requires EU counterparties to report their securities finance transaction details to a registered trade repository.

Most Viewed


Related Articles

June 30, 2022

SIMM Falls Short says PRA Letter to Banks


Risk Management

June 28, 2022

FMSB Statement of Good Practice on Trading Platform Disclosures



June 20, 2022

Regulatory change and data fragmentation are key challenges for 85% of firms