"Electronic Trade Repository” is an electronic platform to centrally collect and maintain records of all derivative contracts.
Legal FrameworkPursuant to the resolution taken at the board meeting of the CMB dated 03.04.2015 and numbered 2015/427, MKK was authorized as a “Trade Repository” as per Article 87 of the Capital Market Law.
PurposeWith the e-Trade Repository System by centrally collecting and maintaining the details of the derivative contracts enhancing the transparency of derivative markets and reducing risks to financial stability are aimed.
Reporting RequirementPlease click on the following document for summary table of reporting requirement.
Reporting Requirement Summary Table
REPORTING METHODs and FREQUENCYCounterparties with reporting liabilities will be able to conduct their reporting through web modules or XML file transfer. New contracts will be reported once and the valuations of the contracts will be continued to be done daily. In addition to this, the modifications during the life of the contracts and the cancellations and terminations of contracts will also be reported separately.
According to the Communiqué ON PRINCIPLES REGARDING REPORTING TO TRADE REPOSITORY INSTITUTIONS (IV-87.1), contracting parties are subject to pairing where both parties are domestic investment institutions or both are domestic legal entities. In this respect, the notifications of derivative transactions of both contracting parties are subject to pairing. The pairing processes of the derivative contracts in the platform have been implemented as of 01.04.2019
Contracts To Be Reported
Scope and Liables
Transaction details for over-the-counter(OTC) and on-exchange traded derivatives by financial and non-financial counterparties will be reported to e-Trade Repository System.According to the Communiqué ON PRINCIPLES REGARDING REPORTING TO TRADE REPOSITORY INSTITUTIONS (IV-87.1), Contract Type and Asset Class fields are given in the table below.
Member Letters and Announcements
All announcements and general letters are in Turkish. As they are used by only local members.
Frequently Asked Questions
Frequently asked questions are prepared in Turkish. As they are used by only local members.