What is a swap data repository?
What is a swap data repository?
Swap data repositories (“SDRs”) are new entities created by the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank Act”) in order to provide a central facility for swap data reporting and recordkeeping.
Who oversees swap repositories?
the Securities and Exchange Commission
Under this framework, the Securities and Exchange Commission regulates security-based swaps, the Commodity Futures Trading Commission regulates swaps, and the two agencies jointly regulate mixed swaps.
Are swap data repositories required to be NFA members?
For non-registrants trading swaps, CFTC rules would require either an FCM, swap dealer, SEF or swap data repository to obtain from NFA an identifying number for each customer whose trades it will process.
What does a trade repository do?
A Trade Repository or Swap Data Repository is an entity that centrally collects and maintains the records of over-the-counter (OTC) derivatives.
What is SFTR reporting?
ESMA regulates securities financing activities by setting out reporting requirements, data access, collection, verification, aggregation, comparison and publication of data on securities financing transactions (SFTs) by trade repositories (TRs).
What are swap data repositories (SDRs)?
This page contains forms and other documents related to Swap Data Repositories (SDRs). These new entities were created by the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act) to provide a central facility for swap data reporting and recordkeeping.
What is the CME swap data repository?
The CME Swap Data Repository provides public reporting on cleared, non-cleared and bilateral swap transactions reported to the Repository, published by asset class in real-time after any applicable regulatory-mandated delays.
What does DDR mean for the swap market?
With today’s registration of DTCC Data Repository (U.S.), LLC (DDR), the security-based swap market now has the first SDR that can accept transaction reports. DDR intends to operate as a registered SDR for security-based swap transactions in the equity, credit, and interest rate derivatives asset classes.
https://www.youtube.com/watch?v=vQrafzYa3wg
