NASDAQ OMX EMIR TRADE REPORTING SERVICE

Under The European Market Infrastructure Regulation (EMIR) one of the key directives is the obligation to report all derivatives contracts to Trade Repositories (TR), which are entities regulated by EMIR that centrally collect and maintain the records of all derivatives trade related data.

NASDAQ OMX will offer EMIR derivatives reporting services regarding:

• Establishing connectivity with relevant Trade Repositories
• Reporting of derivatives contracts traded and cleared on NASDAQ OMX’s markets
• Reporting of OTC derivatives transactions that are not traded or cleared by NASDAQ OMX
• Ability for members to append 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

Full Reporting

For derivatives cleared at NASDAQ OMX where the customer keeps position segregated accounts per beneficial owner, NASDAQ OMX can complete the Trade Repository report with all required data without the need for interaction from the customer.

Partial Reporting

For Customers with a setup where NASDAQ OMX does not have access to all required data or where the Customer selects to submit its own reports to a Trade Repository but needs NASDAQ OMX to complement their reports with some data, a partial reporting service is offered according to the alternatives described below:

• For Customers that connect to a Trade Repository themselves for reporting, NASDAQ OMX will duplicate the missing data at the Trade Repository to the report created by the Customer.
• Alternatively, the Customer can complete partial reports created by NASDAQ OMX and submit the reports to the Trade Repository through NASDAQ OMX. This option does not require direct connectivity to a Trade Repository for the Customer.
• OTC derivatives transactions that are not traded or cleared by NASDAQ OMX may also be submitted via the service interface. This option, also, does not require direct connectivity to a Trade Repository for the Customer.

For more information please see the NASDAQ web site or contact Trade Reporting directly at tradereporting@nasdaqomx.com.