Overview of the Hong Kong Trade Repository
Hong Kong started interim trade reporting in August 2013, with Legislative vetted rules implemented on 10 July 2015. Unlike other jurisdictions in Asia, HKMA built the trade reporting solution themselves. The Hong Kong Trade Repository (HKTR) was built by their subsidiary Hong Kong Interbank Clearing Limited (HKICL). HKICL also built/manages Hong Kong’s payment infrastructure on […]
MIFID II Data – Bond Trading
We analyse sovereign bond trading volumes from Bloomberg and Tradeweb APAs and MTFs. Tradeweb APA sees the largest volume of trades. MTF market shares are roughly 50/50 between these two D2C platforms. 67% of German Bund volumes were executed on-venue. Only 18% of French OAT volumes were executed on-venue. Bond Trading by Venue Armed with […]