Trade Repository

A Trade Repository is a centralized registry maintaining detailed records of trade transactions. It ensures transparency and regulatory oversight in financial markets.

Functions of a Trade Repository:

1. Data Collection: Recording trade details, including counterparties, instruments, and prices.
2. Data Maintenance: Ensuring data integrity and accessibility.
3. Regulatory Reporting: Submitting necessary reports to financial regulators.
4. Risk Reduction: Monitoring trades to identify and mitigate systemic risks.

Examples of Trades and Instruments:

• Derivatives: Options, futures, and swaps.
• Securities: Stocks, bonds, and treasury notes.
• Commodities: Gold, oil, and agricultural products.
• Forex: Currency exchange transactions.

Significant Trade Repositories:

1. DTCC: Depository Trust & Clearing Corporation.
2. CME Group: Chicago Mercantile Exchange.
3. UnaVista: London Stock Exchange Group.
4. REGIS-TR: European trade repository.