I would like to take this opportunity to state, how pleased I am to be the new Chief Executive Officer for Xtrakter. Over the coming months I look forward to working closely with members of our user community, executive team and all personnel to ensure that our business continues to grow, prosper and provide market valued services to your benefit.

As a market infrastructure, Xtrakter started 2010 on a very positive footing with the Financial Services Authority (FSA) of the United Kingdom granting us full approval for the regulatory reporting of exchanged traded derivatives. This development marks the end of a significant project and expands the range of instruments we can now report on behalf of our clients.

Later in the year we look forward to the intended release of a new information service, namely XREF. This new service will allow subscribers full access to the wealth of reference data we possess, for the very first time.  We will also continue to improve TRAX and expand our user community, in order to increase the number of market counterparties our users can engage with in order to reduce their levels of operational risk.

It is paramount to our business that we continue to be flexible and capable of adapting to the complex and changing requirements of the global capital markets. Over the course of 2010 we will continue to build on our market expertise, status and relationships in order to deliver even more value adding products and services to the market.

We aim to cement Xtrakter’s role as leading provider of risk mitigation and data services to the capital market and continue to help our clients become even more efficient.

Yannic Weber
Chief Executive Officer