Risk glossary

 

Trade repository

Trade repositories collect and maintain records of derivatives trades, with the aim of helping regulators monitor the build-up of systemic risk. In 2009 in Pittsburgh, Group of 20 leaders agreed that all standardised over-the-counter derivatives should be reported to trade repositories.

In Europe, all buyers and sellers must report all derivatives deals – OTC and exchange-traded – to trade repositories.

In the US, the reporting obligation applies only to OTC derivatives and not always to both counterparties. The US equivalent of a trade repository is a swap data repository (SDR). Reportable derivatives in the US include “swaps” – defined as interest rate swaps, foreign exchange swaps and forwards, index-based credit default swaps, agricultural and commodity swaps, index-based total return swaps and all options based on a rate or commodity – and “security-based swaps”. 

See also Swap data reporting.

Click here for articles on trade repositories and here for articles on swap data repositories. 

  • LinkedIn  
  • Save this article
  • Print this page  

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: