TRAX ReportingPlus® is a new management information service for clients who transaction report to the UK’s Financial Services Authority (FSA).

TRAX ReportingPlus® is the first provision of its kind it is specifically designed for members of the TRAX community who send equity and/or fixed income transaction reports to the FSA. This new service will allow clients to actively monitor their transaction reports thus improving their operational efficiency and reducing their level of associated risk.

TRAX ReportingPlus® allows clients with analysis on the following data items: reporting firm ID, sender’s reference, internal reference number,  Xtrakter reference, trade date, cancellation indicator, instrument type, venue of execution, underlying instrument type (for derivatives), date and time of transaction receipt by Xtrakter, Xtrakter rejection code, date and time the transaction is sent to the FSA, date and time a response file is obtained from the FSA, FSA rejection code and narrative.