MiFID II./ MIFIR

MiFID II./MIFIR

What are the main service benefits?

• Reporting obligations prescribed under MIFID II / MIFIR, such as transparency reporting (APA) and transaction reporting to be sent to the relevant authority could be managed through KELER as a licenced ARM servic provider (Approved Reporting Mechanism).
• Unified platfom covering also EMIR and REMIT related reporting obligations.
• Simple, efficient platform.
• Favourable fees.

Service details for Trade Reporting services provided by KELER

1) Transparency reporting (APA):

• Pre-trade and post trade reports sent to KELER manually or via webservice are forwarded through KELER’s Trade Reporting (TR) System.
• Continuous delivery feedback about all reports sent.
• Only formally and content wise approved reports can be forwarded.
• The pre-trade data are published on the KELER_pretrade website.
• The post-trade data are published on the KELER_APA website.
• Free of charge testing and system demo.

2) Transactions reporting (ARM)

• Submission of sent transaction details to the Central Bank of Hungary.
• Status feedback on reports sents.
• LEI code validation.
• Free of charge testing and system demo.

In case of any further questions we are at your disposal on tradereporting@keler.hu.

REGULATORY DOCUMENTS