London Stock Exchange completes Transaction Reporting Service acquisition

October 25, 2011

The London Stock Exchange Group plc has announced that it has completed the acquisition of Transaction Reporting Service ("TRS"), the FSA's Approved Reporting Mechanism ("ARM").

Existing TRS clients can now migrate to the UnaVista platform, the Group's own ARM, which has acquired the rights to accept brokers' TRS-formatted data submissions. The Group stated that TRS customers will benefit from UnaVista's functionality enhancements including management dashboards, data reconciliations and reference data for all asset types incorporating the new Alternative Instrument Identifier Exchange.

In addition, TRS customers will also gain access to a range of UnaVista solutions, including the UnaVista Swaps and Confirmation Portal that allows brokers and buy side clients to automate post trade communications of exchange traded and OTC transactions.