Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is TRAX?

Trax
0
Posted

What is TRAX?

0 CommentsAdd a Comment

1 Answer

0

TRAX is a post trade, pre settlement trade matching & regulatory confirmation system for the OTC markets. It allows subscribers to match and report trades in a range of capital market instruments (such as bonds, derivatives, equities, swaps and much more), it also allows trading firms to verify their trades (confirmations), report to relevant regulators (competent authorities) and allows subscribers to comply with a number of market regulations and best practices (compliance). It also has a new extensive repo functionality allowing users to fully match their repo trades.

0 CommentsAdd a Comment

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.