Enhancing market transparency through centralised OTC derivatives reporting
Serving the financial markets through our Trade Repository capability
In November 2024, Strate was granted a licence to operate as South Africa’s first Trade Repository (TR) by the Financial Sector Conduct Authority, with concurrence from the Prudential Authority.
The Trade Repository serves as a centralised registry for over-the-counter (OTC) derivatives contracts, creating infrastructure to support risk exposure transparency, enable efficiencies and mitigate risks in these markets.
This development represents a significant milestone for South Africa’s financial markets, addressing one of our outstanding G20 commitments from 2009 on OTC derivatives market reforms.
Strate’s Trade Repository creates value for the South African financial market by:
Data-led insights
Providing regulators with data-led insights for more effective policymaking and oversight
Improving transparency
Improving transparency for counterparty exposures and systemic risk
Creating infrastructure
Building infrastructure to support market development and align with global best practice
TR reporting requirements and specifications
The Trade Repository Business and Technical Requirements Specification documents are available.
