TR ACCURACY: 84 MILLION TRANSACTION PROCESSED
June 8, 2020
The Control Now TR Accuracy tool has now been used by over 400 investment firms and has processed 83 million transaction reports (as of June 1st 2020).
The average inaccuracy rates are appearing at 45% for MiFIR and 80% for EMIR.
Control Now are currently developing a benchmarking tool which will allow all our clients access to anonymised market statistics for error types broken down by sector. This should be released in Q3 2020.