CME ETR is an ESMA registered European Markets Infrastructure Regulation (EMIR) Trade Repository. Covering all asset classes (Commodities, Credit, Equity, FX and Rates in OTC (Cleared and Non-cleared) and ETD Futures & Options), CME ETR offers a suite of efficient, cost-effective regulatory reporting solutions for all market participants, helping clients to fulfil their reporting obligations with confidence.
Built on world class, real-time technology and customer support CME Group has undertaken regulatory reporting for over 100 years under many different regulations and jurisdictions with proven know-how to provide a complete compliance solution.
CME ETR's specifications are simple and intuitive. With our client centric approach and dedicated client service team to facilitate testing, clients can onboard and be live within 24 hours.
CME INC and CME Clearing Europe (CME CCPs), as applicable, can automatically report trades on your behalf by leveraging existing data collected during the clearing process. This includes reporting of positions, valuations and collateral data. Learn More.
CME ETR has partnered with a number of firms to provide solutions for clients who are looking to switch their Trade Repository. A barrier to switching is the development cost and time in writing to differing specifications. CME has simplified this by allowing firms to simply send in their current file (in any format) and the translation service converts into CME required specification at no additional cost.
The revised Markets in Financial Instruments Directive (MiFID II) and the accompanying Markets in Financial Instruments Regulation (MiFIR) regulate the provision of investment services in respect of a multitude of financial instruments traded on regulated trading venues as well as OTC.
The new legal framework entered into force on 1 July 2014. Various provisions must be transposed into national law by July 2016, while the detail regarding others is to be further specified in additional rules developed by the European Securities and Markets Authority. Application is planned for January 2017.
The impact of the MiFID II / MiFIR rules is far-reaching and will have a significant impact on the EU’s financial markets. These include market structure changes; transparency requirements for a broader range of asset classes; the obligation to trade certain derivatives on-exchange; requirements on algorithmic and high-frequency-trading and new requirements for commodity derivatives.
CME Group is currently evaluating the impact of the MiFID II/MiFIR reforms on our European infrastructure. Should you wish to discuss our implementation plans for this regulatory reform initiative or have any questions then please contact us at MiFIDIIQueries@cmegroup.com
Get details on CME ETR, including fees, delegated reporting and more.