Regulatory Reporting Service for the Nordic Markets

One of the key directives under MiFID II is the obligation for market participants to submit transaction reports to their relevant financial services authority (FSA). The transaction reporting service (TRS) is suitable for customers that require assistance preparing these reports so that they or their approved reporting mechanism (ARM) can in turn submit them to the FSA.

The Nasdaq MiFID II Transaction Reporting Service includes:

• Scheduled delivery of validated TRS reports of transactions that are executed on Nasdaq markets to you or your ARM.
• Predefined reports for the Nordic and Baltic markets to enable you to manually upload your data for conversion into correctly formatted and validated ISO XML reports as defined by MiFID II.

Using Nasdaq's reporting system TRACK, you can:

• View the status of reports you have approved and submitted to the relevant FSA in real-time.
• Correct and resend any reports as may be required.

You can communicate with TRACK using the FTP web interface or via a client-specific solution with integration to one or multiple systems.

One of the key directives under the European Market Infrastructure Regulation (EMIR) is the obligation to report all derivatives contracts to a trade repository. The EMIR Trade Reporting Service is suitable for customers that can delegate the reporting of their or their clients' trades. The EMIR Trade Reporting Service is fully compliant with the reporting obligations under EMIR Article 9.

The Nasdaq EMIR Trade Reporting Service includes:

• Establishing connectivity with relevant trade repositories.
• Reporting of derivatives contracts traded and cleared on Nasdaq Nordic.
• Reporting of OTC derivatives transactions that are not traded or cleared by Nasdaq Nordic.
• The possibility to report the trades of customers and clients.
• The ability for members to add required data to derivatives transactions for reporting.
• Daily updates to the Trade Repository of collateral and mark-to-market valuations.
• Reporting feedback of submitted reports.

Using the EMIR Trade Reporting Service web interface, you can:

• View status of submitted reports.
• View status of individual reported transactions.
• Search for historical reports.
• Review and confirm Nasdaq generated reports.
• Create new transactions for reporting.
• Export data for further processing.

New transactions may also be uploaded via the application as CSV files.

One of the key directives under the EU Regulation on Wholesale Energy Market Integrity and Transparency (REMIT) is the obligation for market participants to report wholesale energy market contracts, including orders to trade, within the EU to the Agency for the Cooperation of Energy Regulators (ACER).

According to REMIT, the wholesale energy market encompasses both spot markets and derivative markets. The reporting obligation includes both exchange traded and OTC contracts.

Nasdaq is approved as a registered reporting mechanism (RRM) with ACER and can report trades and orders to ACER on behalf of our market participants. Our REMIT reporting service includes trades and orders on Nasdaq Oslo ASA and Nasdaq Stockholm AB.