Clients trading Exchange-Traded Derivatives (ETD) will not receive a daily file to validate what HSBC has reported to the Trade Repository on their behalf. This is because for ETD there is no requirement for clients to enrich the trade data.
If ETD clients wish to reconcile HSBC’s reporting, they will need to register directly with DTCC (HSBC's Trade Repository of choice) to view their trades. Please note that DTCC charges depending on the number of positions and transactions per entity.
HSBC's Delegated Reporting Service is offered to select clients. Any ETD client wanting to apply for the Delegated Reporting Service should contact their HSBC representative.
Last updated: 30 November 2019