Can a firm still rely on the LIFFE transaction reporting feed for the market side of its transactions report?
We will continue to receive a feed from LIFFE of all market transactions in debt and equity derivatives executed on the exchange. LIFFE will also report BClear transactions but only for instruments which are ‘Fungible’ with the exchange traded instruments. Firms have the option to rely on this feed or to report these transactions independently through their ARM. Firms are, however, required to report the ‘client side’ of the transaction executed on LIFFE via an ARM. In addition, transactions in derivatives which are not admitted to trading on the exchange (e.g. options with non exchange strike prices or maturity dates) must be reported separately.
Related Questions
- How do we transaction report cancellations and updates to transactions that have been sent to ARMs in Aii format before Aii implementation?
- Firm X acts both as an exchange specialist and as an OTC market maker. How should Firm X report under the Rule?
- Can a firm still rely on the LIFFE transaction reporting feed for the market side of its transactions report?
