DTCC expands Canadian trade reporting capabilities
With the addition of Newfoundland and Labrador, the utility now supports derivatives trade reporting for all Canadian provinces and territories.
With the addition of Newfoundland and Labrador, the utility now supports derivatives trade reporting for all Canadian provinces and territories.
The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for the global financial services industry, has added services for Newfoundland and Labrador to its Global Trade Repository (GTR). The GTR now supports all Canadian provinces and territories, with existing support for Alberta, British Columbia, Manitoba, New Brunswick, Nova Scotia, Ontario, Quebec, Saskatchewan, Nunavut, Northwest Territories, Prince Edward Island and Yukon.
To improve risk analysis all Canadian provinces and territories have adopted harmonised derivatives reporting regulations, as applicable, rules 91-507 and MI 96-101. These rules require reporting for over-the-counter (OTC) derivatives transactions, including rate, credit, equity, FX and commodity derivatives. GTR expects to begin support for public price dissemination in January 2017, across all Canadian provinces and territories.