Exclusive: Deutsche Börse EMIR Reporting Service: TREMIR


Exclusive to The OTC Space for now, a new reporting service from Deutsche Börse to facilitate accurate reporting of ETD and OTC business executed or cleared within the DB group. I think this sheds some light on why NASDAQ OMX are offering a service, the diagram on page 13 shows how ETD and OTC business will be routed to either DTCC or REGIS-TR by Deutsche Börse on behalf of customers. Note from Alison King at DB:

Please find attached a presentation you can use to provide to customers who may be interested in our EMIR transaction reporting service "TREMIR". Please keep in mind that the service offering is subject to changes as the ESMA guidelines are still not 100% clarified and the pricing still needs to be defined. Nevertheless, the team would be very happy to have discussions with interested customers (contacts in ppt).

Full details in very useful PDF: TREMIR Reporting Service March 2013