Exchange group’s tool currently sees 65% of all equities trade reporting
Bats Chi-X Europe is considering an
extension of its equity market trade reporting service to cover
over-the-counter (OTC) derivatives, once the Mifid II
regulatory technical standards (RTS) are finalised, expected in
The exchange group is considering the
extension to OTC derivatives, following the final draft of the
European Securities and Markets Authority’s (Esma)
Markets in Financial Instruments Directive (Mifid) II RTS, due
in September, and is currently consulting with firms on the
potential expansion, according to an FOW source familiar with
The group’s Trade Reporting
Service (BXTR) is a suite of on- and off-exchange trade
reporting tools and, according to monthly reports from the
firm, currently sees 65% of all equities trade repairing
through the BXTR suite.
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