SmartStream Provides Derivatives Data for EMIR Refit Regulation
SmartStream Reference Data Services (RDS), a leading provider of financial reference data, has announced the launch of an enhanced derivatives data service, providing in-depth insights into futures related transactions.
- SmartStream Reference Data Services (RDS), a leading provider of financial reference data, has announced the launch of an enhanced derivatives data service, providing in-depth insights into futures related transactions.
- The EMIR Refit initiative is geared towards enhancing transparency and stability in the OTC derivatives trading market, set to take effect in April for Europe and September for the UK.
- With the RDS, additional attributes will be integrated into the RDS’s Listed Derivatives service and a standalone OTC Derivatives service to support the full spectrum of reference data needed for commodity transactions under the new EMIR regulation.
- Linda Coffman, Executive Vice President of SmartStream RDS, states: “The main challenges posed by this regulation - include completing the numerous new reportable fields for commodity and energy derivatives.