ICE Trade Vault

 

Simplifying regulatory reporting with a global Trade Repository

ICE provides direct access to the core energy and commodity market infrastructure, making it the most qualified swap data repository for those markets. Through the ICE trading platform and clearing houses, as well as ICE eConfirm, ICE simplifies work flows and trade data reporting requirements for market participants, helping customers achieve efficient and cost-effective compliance with evolving regulations.

  • Leverages connectivity to a range of market infrastructural institutions, including Designated Clearing Organizations, and Swap Execution Facilities
  • Utilizes ICE eConfirm as the front-end application for counterparties to submit data to ICE Trade Vault, thereby enabling market participants to use their long-established 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

Simplifying European derivative trade reporting

ICE Trade Vault Europe offers a solution to active participants in the credit, equities, interest rate, foreign exchange (FX) and commodities trading markets to fulfil their reporting obligation under the European Market Infrastructure Regulation (EMIR). ICE Trade Vault Europe builds upon ICE's widely accepted trading and clearing infrastructure as well as the confirmation and affirmation matching services, ICE eConfirm and ICE Link, and ICE's successful US Swap Data Repository, ICE Trade Vault.

  • Features a high-performance, high-volume recording and reporting service for OTC and ETD transactions built on a responsive, scalable, and flexible architecture.
  • Utilises ICE eConfirm as the front-end application for counterparties to submit data to ICE Trade Vault Europe, thereby enabling market participants to use their long-established connectivity solutions with fewest modifications and lowest cost possible.
  • Offers a delegated reporting service to Clearing Members of ICE Clear Europe and their clients. ICE Futures Europe, the exchange, will act as a third-party service provider to report transactions on behalf of clients to ICE Trade Vault Europe.
  • Offers market participants real-time access to their data and customisable, downloadable reports, with controls and multi-tiered rights-of-access functionality to ensure confidentiality.
  • Provides valuation and collateral data reporting, the generation of unique trade identifiers, the resolution of duplicate records, and the standardisation of reference data.

Simplifying REMIT reporting

ICE Trade Vault will leverage its existing high-performance architecture to provide exchanges, brokers and market participants with a comprehensive reporting solution to fulfil their reporting obligations under the Regulation on Energy Market Integrity and Transparency (REMIT). ICE Trade Vault has already applied to the Agency for the Cooperation of Energy Regulations (ACER) for Registered Reporting Mechanism (RRM) status allowing market participants to use a single, efficient and cost-effective solution to satisfy their global reporting obligations.

ICE Trade Vault's RRM Service builds upon ICE's widely accepted trading and clearing infrastructure as well as the confirmation and affirmation matching services, ICE eConfirm and ICE Link, and ICE's successful global repository offering of ICE Trade Vault. ICE Trade Vault's RRM Service provides many benefits to market participants to fulfil their reporting obligation under REMIT:

  • Relies upon previous experience as a regulated entity to ensure proper data management of order and trade records to ensure accurate reporting to regulators;
  • Features a high-performance, high-volume recording and reporting service for OTC and ETD transactions built on a responsive, scalable, and flexible architecture;
  • Utilises ICE eConfirm as the front-end application for counterparties to submit data to ICE Trade Vault, thereby enabling market participants to use their long-established connectivity solutions with fewest modifications and lowest cost possible;
  • Offers market participants the ability to fulfil global regulatory reporting obligations via a single report;
  • Offers market participants real-time access to their data and customisable, downloadable reports, with controls and multi-tiered rights-of-access functionality to ensure confidentiality;
  • Provides the generation of unique trade identifiers, the resolution of duplicate records, and the standardisation of reference data; and
  • Simplifies the reporting of orders and trades executed on and off Organised Market Places (OMPs) to allow for the management of data within a single RRM location.

REMIT is aimed at preventing market abuse in wholesale energy markets and will require market participants to report details of their European wholesale energy orders and transactions to the ACER. The reporting start date for trades executed at organised market places (exchanges and brokers) is 7 October 2015. The reporting start date for trades executed outside of organised market places is 7 April 2016. As a registered Trade Repository under the European Market Infrastructure Regulation (EMIR), ICE Trade Vault's RRM registration is subject to review by the European Securities and Markets Authority (ESMA).

Simplifying Canadian trade reporting

ICE Trade Vault Canada offers a solution to participants in the credit, commodities, and foreign exchange asset classes. ICE Trade Vault Canada builds upon ICE's widely accepted trading and clearing infrastructure, the confirmation and affirmation matching services, ICE eConfirm and ICE Link, and ICE's successful Swap Data and Trade Repositories in both the US and Europe. The result is an efficient and cost-effective solution capable of complying with evolving regulations across all Canadian provinces.

  • Features a high-performance, high-volume recording and reporting service for derivatives transactions built on a responsive, scalable, and flexible architecture.
  • Utilizes ICE eConfirm and ICE Link as the front-end applications for counterparties to submit data to ICE Trade Vault Canada, thereby enabling market participants to use their long-established connectivity solutions with few modifications and the lowest cost possible.
  • Offers market participants the ability to fulfill global regulatory reporting obligations via a single report.
  • Offers market participants real-time access to their data along via customizable, downloadable reports, with controls and multi-tiered rights-of-access functionality to ensure confidentiality.
  • Provides valuation data reporting, the generation of unique trade identifiers, and the standardization of reference data.

ICE eConfirm

Confirmations as fast as your trades

ICE's industry-leading electronic trade confirmation service, ICE eConfirm, provides a fast, accurate and legally binding alternative to manual, paper confirmations for the OTC markets. Ninety-five percent of submitted trade confirmations are matched and legally executed within seconds or minutes - not days. As the confirmation solution for the world's largest trading firms, ICE eConfirm is the patented, industry standard for energy market participants.

  • Electronically confirm trades online regardless of the deal's execution venue - whether executed online, via voice brokers or direct
  • Over 12 million trade confirmations matched to date
  • Industry-leading flexibility for trade data input and export, including manual entry using a web form, batch entry using a tab delimited or XML file upload and direct system interface utilizing an XML API
  • 200+ counterparties and 50+ brokers participate