Clarity call for trade repository reporting

Quotes of the quarter

Stewart Macbeth, chief executive, DTCC Deriv/Serv
We understand the format of the data we will receive as a trade repository, but additional clarity is needed regarding exactly how the content will be specified and how market participants send it. With respect to counterparty codes, our understanding is that the European Securities and Markets Authority (Esma) is looking at three options: a legal entity identifier (LEI); an interim identifier; or a business identifier code (BIC). Esma is looking