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Trade Reporting

Since 12 February 2014, counterparties are obliged to report transactions to a trade repository according to EMIR Article 9. For ECC’s members, these requirements comprise trade and position reporting, as well as reporting of data on collateral and valuations for financial counterparties.

Service Offering

ECC offers Clearing Members and trading participants a service whereby they can delegate their reporting obligations to ECC. This means that members can reduce their reporting efforts for all derivatives trades cleared by ECC.

For questions relating to trade reporting under EMIR and the ECC offering for delegating the reporting please contact Thomas Schmitz.

Legal Entity Identifier

"ECC's Legal Entity Identifier for Trade Reporting according to EMIR Article 9:

529900M6JY6PUZ9NTA71."

Reporting for Derivatives Transactions

All contracts that are derivatives under EMIR have to be reported. Due to the principal-to-principal model, the Clearing Member (CM) concludes a transaction with ECC as well as, in the case of Non-Clearing Member (NCM) or client business, a back-to-back transaction with its NCM or client. For any derivatives transaction, up to four trades have to be reported by the respective counterparties.

Requirements for Trade Reporting via ECC

Clearing Members

  • Clearing Members may delegate reporting to ECC (Delegated Reporting)
    • Open account with Regis-TR (full reporting participant membership)
    • Sign an agreement with ECC and provide certain static data


Trading Participants (Clearing Members or Non-Clearing Members)

  • Trading participants may delegate reporting to ECC (Third-Party Reporting)
    • Open account with Regis-TR (full reporting participant membership)
    • Sign an agreement with ECC and provide certain static data
    • Prerequisite: CM has delegated reporting to ECC