Euronext rolls out TradeLog across Europe
26 July 2023 France
![Generic business image for news article](https://www.assetservicingtimes.com/assetservicesnews/images/WednesdayJuly2620231690368339.jpg)
Euronext has rolled out its employee trading monitoring tool TradeLog to European companies following a successful launch in Denmark and Norway.
TradeLog helps companies to adhere to the European Market Abuse Regulation (MAR) and the Markets in Financial Instruments Directive II (MiFID II), providing information on their employees’ transactions, holdings and consents to policies.
The service ensures that potential trades are in line with both the company’s internal policies and wider regulations, pre-clearing the trade and removing the need for firms to check each individually.
In Denmark and Norway, TradeLog can also connect to custody accounts and automatically monitor employee trading.
Richard Waller, managing director at ComplyLog, a Euronext company, says: “Two years after its successful launch in Denmark and Norway, we are thrilled to offer this innovative product to more corporates and financial institutions in Europe. Following and managing employee trading is becoming increasingly important for businesses, and this new product helps our customers meet this challenge efficiently.”
TradeLog helps companies to adhere to the European Market Abuse Regulation (MAR) and the Markets in Financial Instruments Directive II (MiFID II), providing information on their employees’ transactions, holdings and consents to policies.
The service ensures that potential trades are in line with both the company’s internal policies and wider regulations, pre-clearing the trade and removing the need for firms to check each individually.
In Denmark and Norway, TradeLog can also connect to custody accounts and automatically monitor employee trading.
Richard Waller, managing director at ComplyLog, a Euronext company, says: “Two years after its successful launch in Denmark and Norway, we are thrilled to offer this innovative product to more corporates and financial institutions in Europe. Following and managing employee trading is becoming increasingly important for businesses, and this new product helps our customers meet this challenge efficiently.”
Next industry article →
Federal Reserve Board hands out $268.5 million fine for Credit Suisse’s misconduct
Federal Reserve Board hands out $268.5 million fine for Credit Suisse’s misconduct
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Assegt Servicing Times
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Assegt Servicing Times
![Advertisement](../images/bull-252524.png)