Research European Commodity Market Regulations - Part 1 | Page 31

European Energy Market Regulations V3.1

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Utilizes ICE eConfirm as the front-end application for counterparties to submit data
to ICE Trade Vault, thereby enabling market participants to use their longestablished connectivity solutions with fewest modifications possible
Distributes real-time trade data to market participants and provides historical data
for online viewing and access. Participants will control permissions for regulatory
reporting purposes as well
Features a high-performance, scalable data warehouse and reporting platform

ICE is likely to also act as an RRM.

The Independent Trade Repository
CapitalTrack, a vendor of a data transfer database and network, Capital Market Daily Portal,
a data network, technology and services vendor, and Fincore, a software vendor, have
established a new company, Trade Repository, and hope to win ESMA approval for its
Independent Trade Repository product.
The Independent Trade Repository will allow users to submit the details of their trades on
spreadsheets to its online database. The Independent Trade Repository believes that it will
be particularly attractive to market participants because it is not affiliated to a clearinghouse
and because the companies operating it have an expertise in data management.

© Commodity Technology Advisory LLC and ETR Advisory Ltd, 2013, All Rights Reserved.

v3.1

November 13th, 2013

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