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Updates made to TRUM

ACER have made a few updates to the TRUM, dated 1st April. The new version can be found here. The key changes are:

  • A detailed discussion on which trades are considered “standard”, to be found on page 19. A standard trade needs to be reported within one day of execution whereas a non standard must be reported within one month. There are some examples of complex voice brokered trades given which could be standard and thus problematic to report.
  • A minor piece of information on table 4, in terms of which code to use for off market place trades in field 2, to be found on page 137. This change is also found in the latest version of the transaction reporting FAQ.

There are now 2 days left until reporting begins.

About avivhandler

Aviv is the Managing Director of ETR Advisory, a niche consultancy focused on the regulation of the commodity, energy and financial markets. He has more than 23 years of experience in the financial, energy and commodity markets, covering regulatory compliance, credit, risk and financial technology. Prior to founding ETR, he was Partner at SunGard Global Services, where he built a Centre of Excellence in European Energy and Commodity Regulation. Before that, he founded Coherence, a consulting firm specializing in credit risk in commodity and energy trading as well as software product management. The credit practice ultimately became part of Sirius Solutions, where he was the Managing Director of Europe. He has also held management roles at KWI and Iris Financial, among other organizations. Mr. Handler holds a degree in computer science from Imperial College, University of London.


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