The European Commission wants to make it easier to use data to report under different regulatory regimes.
The European Commission wants to make it easier to use data to report under different regulatory regimes.
MiFID II introduces changes to transaction reporting from 3 January 2018.
Counterparties will not be able to trade without legal entity identifiers.
MiFID II requires large or illiquid bond trades to be reported within 48 hours.
New regs aim to increase transparency in OTC trading.
There are six authorised trade repositories in the EU.
Investors had pushed for a non-profit consolidated tape in the EU.
The exchange is launching an assisted reporting model for the buy side.
Platforms are expected to consolidate down to two providers.
