Trade Reporting

MiFID II transparency services by TRADEcho

MiFID II transparency with TRADEcho



Cinnober's subsidiary Boat Services Ltd has provided trade reporting services since its inception in 2007, helping financial firms comply with their pre- and post-trade transparency obligations under MiFID (Markets in Financial Instruments Directive).

TRADEcho is a partnership between Boat and the London Stock Exchange Group. It is a one-stop-shop service, reaching across asset classes to offer buy and sell side firms easy compliance with transparency obligations also under MiFID II.

Together Boat and the London Stock Exchange manage a substantial share of firms’ current MiFID trade reporting. By joining forces and building on unparalleled experience and expertise in regulatory reporting, the partnership can offer a comprehensive service that eases the regulatory burden on financial firms.

Services include SI determination and quoting, trade reporting, off-book on-exchange reporting, cleared reporting and a smart report router.