Thomson Reuters will provide its market and reference data to APA and ARM services at Trax, as well as the SI determination tool.
Goldman Sachs, Investec Asset Management and Janus Henderson are among several institutions using Trax for reporting under MiFID II.
Tradeweb, MarketAxess’ Trax, Bloomberg, NEX Regulatory Reporting and TRADEcho all received APA authorisation.
Trax APA users will have the choice to direct equity trades to Bats APA for post-trade reporting.
Industry heavyweights follow Goldman, JP Morgan and Deutsche Bank and sign up for Tradeweb’s APA for trade reporting.