FSB Publishes OTC Feasibility Study, Number of Trade Repositories Rises to 25

Friday, 19/09/2014 | 09:56 GMT by Jeff Patterson
FSB Publishes OTC Feasibility Study, Number of Trade Repositories Rises to 25
fsb

The Financial Stability Board (FSB) has published a new feasibility study on the aggregation of OTC derivatives trade repository data, which reiterates previously agreed upon commitments from G20 leaders.

Back in 2009, G20 leaders collectively agreed that over-the-counter (OTC) derivatives contracts should be reported to trade repositories in a bid to foster greater transparency measures and help reduce risks. Following earlier initiatives to implement these changes, to date a total of 25 trade repositories in 11 different regulatory jurisdictions are operational or shortly will be.

OTC trade reporting is an essential buffer against potential market abuse – the aggregation of trade data to appropriate trade repositories helps bring to light a more comprehensive snapshot of the global OTC market. The report itself, which was originally released back on February 4, 2014, can be read in detail by accessing the following link.

fsb

The Financial Stability Board (FSB) has published a new feasibility study on the aggregation of OTC derivatives trade repository data, which reiterates previously agreed upon commitments from G20 leaders.

Back in 2009, G20 leaders collectively agreed that over-the-counter (OTC) derivatives contracts should be reported to trade repositories in a bid to foster greater transparency measures and help reduce risks. Following earlier initiatives to implement these changes, to date a total of 25 trade repositories in 11 different regulatory jurisdictions are operational or shortly will be.

OTC trade reporting is an essential buffer against potential market abuse – the aggregation of trade data to appropriate trade repositories helps bring to light a more comprehensive snapshot of the global OTC market. The report itself, which was originally released back on February 4, 2014, can be read in detail by accessing the following link.

About the Author: Jeff Patterson
Jeff Patterson
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About the Author: Jeff Patterson
Head of Commercial Content
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