Major financial institutions to connect to Deutsche Börse’s
Major financial institutions explained by professional Forex trading experts the “Major financial institutions” FX trading team.
Major financial institutions
Deutsche Börse Group continues to welcome major sell- and buy-side institutions as users of its Regulatory Reporting Hub service. With MiFID II becoming effective on 3 January 2018, the Regulatory Reporting Hub (RRH) will enable sell-side, buy-side and systems integrators’ clients to meet their regulatory obligations easily and efficiently. Recently, BaFin (German Federal Financial Supervisory Authority) had determined that Deutsche Börse’s ARM (Approved Reporting Mechanism) and APA (Approved Publication Arrangement) services are compliant with all relevant MiFID II requirements.
Among the vast number of future users and firms planning to provide connectivity who have recently signed an agreement are:
Bank Data
Bloomberg’s Sell Side Execution and Order Management Solution (SSEOMS)
Crédit Agricole CIB
DZ PRIVATBANK
Iccrea Banca
Nordea Investment Management
Rabobank
Raiffeisen Centrobank
TradeChannel
UniCredit
This high performance platform will among others allow commodity position reporting and Systematic Internaliser services in addition to the existing EMIR solutions. Further, it ensures reporting to all relevant National Competent Authorities, covering multiple regulations.
Major financial institutions Conclusion
For more information about currency trading brokers visit TopForexBrokers.com Forex brokers comparison website, Tip ForexSQ.com foreign exchange trading
experts please by share this article about Major financial institutions