22.09.2014 - Bats to launch trade reporting service for ETFs
Bats Chi-X Europe, the stock exchange, is to begin a trade reporting service for exchange traded funds (ETFs) in a bid to bring more order and transparency to the fragmented market. The UK-based exchange is seeking to create a tape of record for the ETF market, in which the majority of instruments are traded over-the-counter. Current European regulations do not mandate reporting of the trades although some exchanges, including Bats and the London Stock Exchange Group, make it part of their rule book. Even so, less than half of trading in the market is reported and it is split between more than five repositories...............................................Full Article: Source
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