Cboe BXTR: Trade Reporting Services

Suite of Services

Cboe Europe (Cboe) has launched a new suite of Trade Reporting Services known as BXTR (Cboe Europe Trade Reporting). Cboe is including OTC market data at no extra cost to its existing data fees and is aiming to promote standardisation of OTC data by supporting the Market Model Typology (MMT) initiative.

The BXTR suite encompasses services that enable firms to fulfill a range of business and regulatory requirements including:

  • On-exchange reporting and optional clearing services under the ETR services
  • *OTC reporting services in accordance with the FCA’s Trade Data Monitor (TDM) regime
  • Dissemination of MTF trades via Cboe market data to meet post-trade reporting obligations under MiFID
  • Pre-trade transparency quoting in accordance with the MiFID SI regime

*Cboe is actively working to migrate the existing service to APA status for MiFID II, subject to regulatory approval. For more information please click here

The diagram below illustrates the suite of services on offer.