Xtrakter, a provider of capital market data, trade matching and regulatory reporting, is offering new Financial Services Authority (FSA) reporting for derivatives trades. From November 13, it will be mandatory to use the Alternative Instrument Identifier (Aii) reporting across Europe for derivatives admitted for trading on regulated markets, in compliance with MiFID.

Xtrakter’s one-stop regulatory reporting solution TRAX interface allows clients to comply with all of their transaction reporting obligations. At present, TRAX allows its users to report derivatives transactions using Aii to the Dutch and French regulators. The usage of Aii will reduce operational risks.

Click here for the release from Xtrakter.