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Misra venture strikes deal to ease buyside burden

Partnership with Regis-TR will help the buyside meet fast-approaching trade reporting deadline

Derivatives trading start-up Gmex Group has teamed up with Regis-TR, a trade repository backed by Deutsche Börse and Bolsas y Mercados Españoles, to ease the reporting burden for buyside and corporate firms under regulations due to come into force next month.

The partnership allows firms to outsource their reporting obligations to Global Reporting Company, a Gmex subsidiary that is co-owned by French regulatory and market structure advisory firm CoDiese, which will in turn send the data to Regis-TR.

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