Public Reporting

Who reports Public data?

Responsibilities to report Swap Transaction and Pricing Data in real-time

The Reporting Counterparty, SEF, or DCM responsible for reporting a swap shall report the Publicly Reportable Swap Transaction to a Swap Data Repository ASATP after execution, subject to CFTC Rule(s) 43.3(a)(2) through (6). Such reporting shall be done in the manner set forth in per the KOR SDR Technical Specifications.

References: CFTC Rule(s) §43.3(a)(1).

Swaps executed on or pursuant to the rules of a SEF or DCM 

For each swap executed on or pursuant to the rules of a SEF or DCM, the SEF or DCM shall report Swap Transaction and Pricing Data to a Swap Data Repository ASATP after execution.

Off-Facility Swaps 

Except as otherwise provided in (a) through (6) of this section, a Reporting Counterparty shall report all Publicly Reportable Swap Transactions that are Off-Facility Swaps to a Swap Data Repository for the appropriate Asset Class in accordance with the rules set forth in this part ASATP after execution. Unless otherwise agreed to by the parties prior to execution, the following shall be the Reporting Counterparty for a Publicly Reportable Swap Transaction that is an Off-Facility Swap:

    1. If only one party is a SD or MSP, then the SD or MSP shall be the Reporting Counterparty;
    2. If both parties are SDs, then the SDs shall designate which party shall be the Reporting Counterparty prior to execution of such swap;
    3. If both parties are MSPs, then the MSPs shall designate which party shall be the Reporting Counterparty prior to execution of such swap; and
    4. If neither party is a SD or a MSP, then the parties shall designate which party shall be the Reporting Counterparty prior to execution of such swap.

      References:CFTC Rule(s) §43.3(a)(3)

Clearing swaps 

If a clearing swap, is a Publicly Reportable Swap Transaction, the DCO that is a party to such swap shall be the Reporting Counterparty and shall fulfill all Reporting Counterparty obligations for such swap ASATP after execution.

References: CFTC Rule(s) §43.3(a)(5).