Cesr digs into trade repository challenges

Central trade repositories must confront the varying information needs of market participants and regulators, the Committee of European Securities Regulators (Cesr) warned yesterday. In a consultation paper, Trade Repositories in the European Union, Cesr addresses the various issues that have arisen as regulators and politicians push for trade repositories to be established to create a better record of where risks lie in the over-the-counter derivatives markets. The paper stresses the data he