Last year Xtrakter responded to ESMA's call for evidence on transaction reporting. Xtrakter reports to multiple authorities in respect of all asset classes and accounts for a significant percentage of all the transaction reporting undertaken in the EU. As an Approved Reporting Mechanism (ARM) we have experienced the complexities of reporting to multiple competent authorities and we are supportive of the intention to harmonise transaction reporting across Europe.

For more information read Xtrakter's response here.