European trade repository REGIS-TR has reached a landmark of 3 billion reports, more than tripling its total since October last year.
The central trade repository is owned by Clearstream and Iberclear, and has now topped 3 billion trades since its launch in February 2014.
It now has about 900 clients using the services, and the daily average of reports processed is now 10.3 million.
REGIS-TR will strive to continue improving its services, following its strategy to become a one-stop-shop for trade reporting in Europe.
CEO Elena Carnicero, said: “Passing yet another milestone proves that REGIS-TR has become an established trade repository in Europe that is the reliable partner in times of ongoing regulatory changes in the market.”
She added: “We are with our clients that need to meet their reporting obligations and are looking forward to welcoming more of them in the future.”
The milestone comes shortly after REGIS-TR submitted its application to be recognised as a registered reporting mechanism for reporting trades under the Regulation on Wholesale Energy Market Integrity and Transparency.
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one asset servicing news source this
year, make sure it is your free subscription to Asset Servicing Times
Image: Shutterstock 