Derivative trade repositories
A derivative trade repository is a facility to which information about derivative transactions, or about positions relating to derivative transactions, can be reported.
ASIC is responsible for making and enforcing the derivative transaction rules that establish mandatory obligations for reporting and clearing of derivative transactions.
Trade repositories that wish to accept derivative trade data reported under mandatory reporting obligations must be licensed under the Corporations Act 2001 or prescribed under the Corporations Regulations 2001.
As part of our role, we:
- administer the Australian derivative trade repository (ADTR) licensing regime
- grant relief or exemptions from certain provisions regulating the licensing or operations of an ADTR, and
- assess, report and give directions on ADTR licensees’ compliance with their obligations.
Derivative trade repositories licensed to operate in Australia
Listed below are the trade repositories that have been licensed to operate in Australia for the purposes of Part 7.5A of the Corporations Act 2001.
You can download a copy of the Australian derivative trade repository (ADTR) licence and other instruments for each facility listed.
|ADTR licensee||Description of facility|
DTCC Data Repository (Singapore) Pte Ltd (DDRS)
Derivative trade repository in respect of commodity, credit, equity, foreign exchange and interest rate derivatives.
For more information, go to www.dtcc.com
We will add to this list when new ADTR licences are granted.
DDRS: Australian public data
Weekly ASIC reports of OTC derivative trades by asset class are available on the DDRS website.
ADTR licence application kit
Trade repositories must complete an application form when applying to ASIC for an ADTR licence. The application kit includes a guide to assist in completing the application form, as well as the application form itself.
The application form should be submitted to ASIC at the time of formal application. ASIC encourages the submission of draft applications prior to lodgement of a formal application. Please refer to the Schedule of Corporations Fees for the fees associated with an ADTR licence application.
Ongoing ADTR licence obligations
ASIC has made the ASIC Derivative Trade Repository Rules 2023, which sets out the ongoing obligations for derivative trade repositories that hold an ADTR licence.
Regulatory Guide 249 Derivative trade repositories (RG 249) gives guidance on how ADTRs can comply with their obligations under the ASIC Derivative Trade Repository Rules 2023, and the licensing and exemption process for ADTRs.
Prescribed derivative trade repositories
Trade repositories may be prescribed by regulations made under s901A(6)(b) of the Corporations Act 2001 to facilitate substituted compliance with ASIC reporting requirements by foreign reporting entities in certain circumstance.
Under Regulation 7.5A.30(2)(j) of the Corporations Regulations 2001, ASIC may determine a facility as a prescribed derivative trade repository.
On 25 June 2015, ASIC made a determination (ASIC Prescribed Trade Repositories Determination [15-0591]) prescribing several overseas trade repositories to facilitate the various forms of reporting which allow the use of prescribed repositories. On 10 April 2019, the list of ASIC prescribed trade repositories was amended. These are:
- DTCC Data Repository (U.S.) LLC
- Derivatives Repository Ltd
- DTCC Data Repository (Japan) KK
- DTCC Data Repository (Singapore) Pte Ltd
- DTCC Data Repository (Ireland) Plc
- UnaVista TRADEcho B.V.
- UnaVista Limited, and
- the Monetary Authority appointed under section 5A of the Exchange Fund Ordinance of Hong Kong.
We also make the ASIC Derivative Trade Repository Rules 2023 and the ASIC Derivative Transaction Rules (Reporting) 2022 and supervise compliance with these rules.
- ASIC Derivative Trade Repository Rules 2023
- RG 249 Derivative trade repositories
- CP 370 Proposed remake of the ASIC Derivative Trade Repository Rules 2013
- Past Rules—ASIC Derivative Trade Repository Rules 2013
- CP 201 Derivative trade repositories
- REP 356 Response to submissions to CP 201 Derivative trade repositories