Industry to begin testing the Financial Instruments Transparency System (FITRS)

As part of developing the post-exit MiFID regime, industry testing for FCA FITRS (Financial Instruments Transparency System) will open on 5 October 2020.

The FITRS system will be available for testing and we’ve published accompanying FITRS technical specifications.

We will be holding virtual workshops with the industry during October 2020 to get feedback on FCA FITRS and FCA FIRDS (Financial Instruments Reference Data System), which continues to be available for testing. We will communicate with firms and trade associations about this shortly.

We encourage third party data providers, venues and trading firms to engage with the parallel run of FITRS and to give us feedback. This will ensure a smooth transition to the new regime in January. To provide feedback after 5 October 2020, please email us: [email protected].