Data reporting services providers (DRSPs)

DRSPs need to be authorised to provide data reporting services (DRS). 

The types of DRS are:

  • Approved reporting mechanisms (ARMs) - the service of reporting details of transactions to competent authorities on behalf of investment firms.
  • Approved publication arrangements (APAs) - the service of publishing post-trade transparency reports on behalf of investment firms.
  • Consolidated tape providers (CTPs) - the service of collecting post-trade transparency reports of specific financial instruments from regulated markets, multilateral trading facilities, organised trading facilities and APAs. They then consolidate these reports into a continuous electronic live data stream providing price and volume information per financial instrument.

Further information on DRSPs:

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