Approved ARMs
The creation, production and delivery of an ARM’s systems remain the responsibility of the applicant, and the FSA does not accept legal responsibility for any losses or damages arising from the failure of these systems. In particular, the FSA's high-level review of the business continuity and network security policies of each applicant does not imply any endorsement, guarantee of quality or acceptance of responsibility for the adequacy of any applicant's business continuity or network security systems.
Table 1 lists the approved ARMs. Please note that 'restricted approval' applies to all potential ARMs who are able to submit transaction reports only for certain types of products/instruments.
| Organisation | System | ISIN | OTC11 | AII |
|---|---|---|---|---|
| Credit Suisse Securities (Europe) Limited | DARE | Approved | Approved | Provisional Approval |
| CrestCo Limited | CREST | Approved (Restricted) 2 | - | - |
| Financial Services Authority | TRS | Approved | Approved | Approved |
| Xtrakter Limited | TRAX | Approved | Approved | Approved |
| London Stock Exchange | ERS | Approved | Approved | Withdrawn 3 |
| Omgeo Limited | OTR | Approved | Approved | - |
Table 1: List of approved ARMs
1 Only certain ARMs are able to provide FSA with over-the-counter (OTC) data. Firms can review further details of OTC reporting in MarketWatch 29 – available in the Transaction reporting library section of these pages.
2 Firms will not be able to submit transaction reports for (i) non-exchange instruments (OTC) and (ii) instruments identified using the Alternative Instrument Identifier (AII) codes.
3 LSE withdrew their application to extend their transaction reporting approval to include Aii instruments on 03 June 2009.' The entry is currently Provisional Approval.
