OTC contracts also tend to be fewer in number but larger in size than exchange trades
By Harry Nota, head of energy EMEA
October 7th came and went, for the most
part passing with some medium technical problems only. Next-up,
April 7th for OTC trade reporting and the end of the long road
that has been REMIT reporting. Except it isn’t.
Not by a long stretch.
Sprint to the fake
That sprint finish planned for April 7th
— don’t cancel it just yet though. The
weeks are rapidly disappearing and there are still a lot of
companies out there not ready. Partially, this could be down to
a sense of complacency inspired by the relative ease of the
first phase of REMIT reporting in October. That phase called
for companies to report standardised trades made via exchanges
or brokers, and it was mainly a smooth process for
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