Trade Linking
To help ensure the data quality of OTC derivative transactions at the HKTR, and to facilitate TR Members to identify and resolve potential reporting errors, the HKTR system will identify, compare and link up records of a transaction reported by the TR Member on both sides of the transaction, and report on any discrepancies and missing records identified.
The HKTR system will make use of below key fields for linking, subject to availability and sequence:
|
I. |
Global Unique Transaction Identifier (Global UTI) |
|
II. |
Unique Transaction Identifier – Unique Trade ID (UTI-TID) |
|
III. |
Unique Transaction Identifier – Unique Swap Identifier (UTI-USI) |
|
IV. |
Confirmation Platform (CP) ID and CP Trade Reference |
|
V. |
Bilateral Comments |
If the above key fields are not available, linking and matching will be done based on the core economic details (linking and matching fields) of the reported transaction records.
Records of transaction conducted between a TR Member and a non-TR Member will not be linked and will be classified as single-sided transactions in the HKTR system.