How do we transaction report cancellations and updates to transactions reported under the voluntary arrangements?
Until now, transactions in equity/debt derivatives admitted to trading on EEA markets which do not use ISINs as the instrument identifier (Aii transactions) were not reportable to the FSA. However, some firms have been voluntarily reporting these transactions as OTC transactions (populating the venue identifier field as if the transaction was in an OTC derivative using ‘XXXX’). With the implementation of the Aii, firms wanting to transaction report cancellations and/or updates to these transactions will have to do this in line with the technical specification documents issued by their ARM(s). This means that if your firm needs to cancel and/or update a transaction reported under the voluntary arrangement it will have to cancel and/or update the OTC transaction.
Related Questions
- How do we transaction report cancellations and updates to transactions that have been sent to ARMs in Aii format before Aii implementation?
- How do we transaction report cancellations and updates to transactions reported under the voluntary arrangements?
- Can a firm still rely on the LIFFE transaction reporting feed for the market side of its transactions report?
