TRADEcho is the suite of MiFID II reporting services hosted and operated by the London Stock Exchange (LSE) and delivered in partnership with Simplitium (formerly Boat Services). TRADEcho provides simplified and cost-effective MiFID II reporting services.
TRADEcho’s pre-trade services (SI Determination and SI Quoting) keep firms informed of their SI status and enables quote publication via the LSE market data channels or the TRADEcho SI quoting website.
TRADEcho's Approved Publication Arrangement (APA) provides firms with:
TRADEcho is authorised as an APA by the UK’s Financial Conduct Authority (FCA).
As part of LSEG, TRADEcho’s services are complemented by the large suite of reference data provided by UnaVista. Firms with pre-established connection to the LSE benefit from swift connectivity and simplified on-boarding.
TRADEcho’s Smart Report Router (SRR) provides both buy and sell-side firms with the ability to:
TRADEcho offers unparalleled experience in regulatory reporting, allowing firms to meet their trade reporting obligations efficiently.
In this newsletter, TRADEcho discusses the recent changes to the MiFID II Systematic Internaliser (SI) regime and looks at what information is available to firms ahead of Brexit.Find out more
TRADEcho's SI quoting has been shortlisted for the FOW International Awards in the "Best New Technology Product: Regulatory Reporting" category!Find out more
The European Securities and Markets Authority (ESMA) has today updated its Questions and Answers regarding market structures and transparency issues under the Market in Financial Instruments Directive (MiFID II) and Regulation (MiFIR). The new Q&As provide clarification on a range of topics, including: Classification of derivatives on derivatives for transparency purposes; Default liquidity status of bonds (amendment to an existing Q&A); and Scope of the pre-trade transparency waiver provided under Article 9(1)(c) of MiFIR.Find out more