01/08/2017

Tuesday (1 August, 2017) - TRADEcho announced the availability of their APA lite service, helping small to medium sized firms meet their MiFID II transparency obligations.

TRADEcho’s APA lite provides firms with limited trade reporting requirements with the tools to meet their pre and post-trade reporting obligations under MiFID II in an efficient manner. The lightweight service has been designed for firms looking for a cost-efficient solution to meet their MiFID II transparency obligations. 

APA lite covers all MiFID II asset classes and is easily accessible via the TRADEcho portal, where trades can be published via CSV upload or manually entered - enabling firms to meet their reporting obligation.

The portal can be used as an exception management tool, enabling users to monitor the life cycle of all trade reports, view regulatory static data, such as delay models and reference prices for validation, and access a full audit trail of published, rejected and pending trades. 

APA lite can be accessed over the internet and does not come with any connectivity fees. Existing LSE members that have a Trading Services Agreement in place require no further contract to access the service. UnaVista clients with a Master Services Agreement in place will require a non-member APA agreement and all other firms will require a MSA and APA agreement to access the service. 

PRICING

  • APA (per trade report)
    Non-Equity £0.03
    Equity and Equity-Like £0.03

  • Portal (per user per month)
    Firm admin FREE
    View only £20
    Full service £35

Interested in this service?
If you are interested in this service please contact a member of the TRADEcho team on +44 (0)20 3866 9700 or contact@tradecho.com.