Eight months after the launch of the reporting duty for exchange traded derivatives (ETD) and over-the-counter (OTC), over one billion transactions have been processed by REGIS-TR, the European trade repository owned by Clearstream (Deutsche Börse Group) and Iberclear (BME).

Elena Carnicero, chief executive officer of REGIS-TR, says: “The one billion transactions that we have processed are a significant milestone that proves that REGIS-TR has become the European hub for the derivatives transaction reporting. Today, REGIS-TR has approximately 1,000 customers and in September it received more than 200 million transaction reports. Processing has been smooth and without failure, which shows how robust and reliable our infrastructure is. We are ready for even higher volumes.”
 
The current business priority for REGIS-TR is to continue working with the European Securities Market Authority (ESMA) and the other trade repositories to improve pairing rates where counterparties to a derivative report to different trade repositories.
 
Next will be to deliver value-added services such as reporting for trades under the Regulation on wholesale Energy Market Integrity and Transparency (REMIT), FinfraG (the Swiss Financial Market Infrastructure Act), MiFID II and Shadow Banking.