Market Notice 024/2023: EQUIDUCT TRADE REPORTING SERVICE

Equiduct will be launching a new MIFID II compliant Trade Reporting Service providing members with the ability to report off book, on exchange transactions on a regulated market. The Equiduct ITCHMD Specification has been updated with a new message type including the appropriate pre-trade waiver and post-trade deferral flags. Full details of the new message type can be found in section 5.10 of the specification document. This new service is targeted to launch in April 2023, with live date to be confirmed, and will be available for testing in Equiduct’s UAT environment during the course of March 2023.  We expect that market data consumers can and should ignore the new ITCH message type “v” until their handlers are updated for these changes. An updated Equiduct FIX Specification to include the new trade reporting workflow will be published later in February.