UTI - Revision history

imported>Doug Williamson: Add "Also known as a unique trade identifier". Source: The Treasurer, May 2014, p17.

2014-05-12T11:30:17Z

Add "Also known as a unique trade identifier". Source: The Treasurer, May 2014, p17.

← Older revision		Revision as of 11:30, 12 May 2014
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	If the UTI is created by one party to a trade and if it incorporates that party’s [[Legal entity identifier]] (LEI) (or part of it) as a prefix it can then add a transaction specific reference controlled so that it is unique within that firm. The combination of LEI plus internal reference should be unique externally too. There then has to be a hierarchy to determine which party generates the UTI or whether some third party like a dealing platform or broker is better able to fulfil the role. Whether or not a standardised system is adopted, ultimately it will be up to the parties to a deal to agree what UTI they use, and obviously both must use the same UTI.		If the UTI is created by one party to a trade and if it incorporates that party’s [[Legal entity identifier]] (LEI) (or part of it) as a prefix it can then add a transaction specific reference controlled so that it is unique within that firm. The combination of LEI plus internal reference should be unique externally too. There then has to be a hierarchy to determine which party generates the UTI or whether some third party like a dealing platform or broker is better able to fulfil the role. Whether or not a standardised system is adopted, ultimately it will be up to the parties to a deal to agree what UTI they use, and obviously both must use the same UTI.


			Also known as a unique trade identifier.


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	* [[EMIR]]		* [[EMIR]]

	[[Category:~~Capital_Markets_and_Funding~~]]		[[Category:Corporate_financial_management]]
	[[Category:~~Managing_Risk~~]]		[[Category:Risk_frameworks]]

imported>Doug Williamson: Add space.

2013-11-16T11:03:05Z

Add space.

← Older revision		Revision as of 11:03, 16 November 2013
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	A UTI is a means of identifying a financial transaction and is required to be allocated to every derivative transaction that must be reported to a [[Trade repository]] under [[EMIR]]. The regulators have not stipulated how it is to be created, instead it is being left to market participants to devise a suitable system or indeed a variety of approaches.		A UTI is a means of identifying a financial transaction and is required to be allocated to every derivative transaction that must be reported to a [[Trade repository]] under [[EMIR]]. The regulators have not stipulated how it is to be created, instead it is being left to market participants to devise a suitable system or indeed a variety of approaches.

	If the UTI is created by one party to a trade and if it incorporates that party’s [[Legal entity identifier]] (LEI)(or part of it) as a prefix it can then add a transaction specific reference controlled so that it is unique within that firm. The combination of LEI plus internal reference should be unique externally too. There then has to be a hierarchy to determine which party generates the UTI or whether some third party like a dealing platform or broker is better able to fulfil the role. Whether or not a standardised system is adopted, ultimately it will be up to the parties to a deal to agree what UTI they use, and obviously both must use the same UTI.		If the UTI is created by one party to a trade and if it incorporates that party’s [[Legal entity identifier]] (LEI) (or part of it) as a prefix it can then add a transaction specific reference controlled so that it is unique within that firm. The combination of LEI plus internal reference should be unique externally too. There then has to be a hierarchy to determine which party generates the UTI or whether some third party like a dealing platform or broker is better able to fulfil the role. Whether or not a standardised system is adopted, ultimately it will be up to the parties to a deal to agree what UTI they use, and obviously both must use the same UTI.

imported>Martin ODonovan: mend link

2013-11-15T15:38:24Z

mend link

← Older revision		Revision as of 15:38, 15 November 2013
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	Unique Transaction Identifier.		Unique Transaction Identifier.

	A UTI is a means of identifying a financial transaction and is required to be allocated to every derivative transaction that must be reported to a [[Trade ~~Repository~~]] under [[EMIR]]. The regulators have not stipulated how it is to be created, instead it is being left to market participants to devise a suitable system or indeed a variety of approaches.		A UTI is a means of identifying a financial transaction and is required to be allocated to every derivative transaction that must be reported to a [[Trade repository]] under [[EMIR]]. The regulators have not stipulated how it is to be created, instead it is being left to market participants to devise a suitable system or indeed a variety of approaches.

	If the UTI is created by one party to a trade and if it incorporates that party’s [[Legal entity identifier]] (LEI)(or part of it) as a prefix it can then add a transaction specific reference controlled so that it is unique within that firm. The combination of LEI plus internal reference should be unique externally too. There then has to be a hierarchy to determine which party generates the UTI or whether some third party like a dealing platform or broker is better able to fulfil the role. Whether or not a standardised system is adopted, ultimately it will be up to the parties to a deal to agree what UTI they use, and obviously both must use the same UTI.		If the UTI is created by one party to a trade and if it incorporates that party’s [[Legal entity identifier]] (LEI)(or part of it) as a prefix it can then add a transaction specific reference controlled so that it is unique within that firm. The combination of LEI plus internal reference should be unique externally too. There then has to be a hierarchy to determine which party generates the UTI or whether some third party like a dealing platform or broker is better able to fulfil the role. Whether or not a standardised system is adopted, ultimately it will be up to the parties to a deal to agree what UTI they use, and obviously both must use the same UTI.

imported>Martin ODonovan: mend link

2013-11-15T15:37:29Z

mend link

← Older revision		Revision as of 15:37, 15 November 2013
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	A UTI is a means of identifying a financial transaction and is required to be allocated to every derivative transaction that must be reported to a [[Trade Repository]] under [[EMIR]]. The regulators have not stipulated how it is to be created, instead it is being left to market participants to devise a suitable system or indeed a variety of approaches.		A UTI is a means of identifying a financial transaction and is required to be allocated to every derivative transaction that must be reported to a [[Trade Repository]] under [[EMIR]]. The regulators have not stipulated how it is to be created, instead it is being left to market participants to devise a suitable system or indeed a variety of approaches.

	If the UTI is created by one party to a trade and if it incorporates that party’s [[~~LEI~~]] (or part of it) as a prefix it can then add a transaction specific reference controlled so that it is unique within that firm. The combination of LEI plus internal reference should be unique externally too. There then has to be a hierarchy to determine which party generates the UTI or whether some third party like a dealing platform or broker is better able to fulfil the role. Whether or not a standardised system is adopted, ultimately it will be up to the parties to a deal to agree what UTI they use, and obviously both must use the same UTI.		If the UTI is created by one party to a trade and if it incorporates that party’s [[Legal entity identifier]] (LEI)(or part of it) as a prefix it can then add a transaction specific reference controlled so that it is unique within that firm. The combination of LEI plus internal reference should be unique externally too. There then has to be a hierarchy to determine which party generates the UTI or whether some third party like a dealing platform or broker is better able to fulfil the role. Whether or not a standardised system is adopted, ultimately it will be up to the parties to a deal to agree what UTI they use, and obviously both must use the same UTI.

imported>Martin ODonovan: add links - some yet to be created

2013-11-15T15:35:32Z

add links - some yet to be created

← Older revision		Revision as of 15:35, 15 November 2013
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	Unique Transaction Identifier.		Unique Transaction Identifier.

	A UTI is a means of identifying a financial transaction and is required to be allocated to every derivative ~~transaaction~~ that must be reported to a Trade ~~repository~~ under EMIR. The regulators have not stipulated how it is to be created, instead it is being left to market participants to devise a suitable system or indeed a variety of approaches.		A UTI is a means of identifying a financial transaction and is required to be allocated to every derivative transaction that must be reported to a [[Trade Repository]] under [[EMIR]]. The regulators have not stipulated how it is to be created, instead it is being left to market participants to devise a suitable system or indeed a variety of approaches.

	If the UTI is created by one party to a trade and if it incorporates that party’s LEI (or part of it) as a prefix it can then add a transaction specific reference controlled so that it is unique within that firm. The combination of LEI plus internal reference should be unique externally too. There then has to be a hierarchy to determine which party generates the UTI or whether some third party like a dealing platform or broker is better able to fulfil the role. Whether or not a standardised system is adopted, ultimately it will be up to the parties to a deal to agree what UTI they use, and obviously both must use the same UTI.		If the UTI is created by one party to a trade and if it incorporates that party’s [[LEI]] (or part of it) as a prefix it can then add a transaction specific reference controlled so that it is unique within that firm. The combination of LEI plus internal reference should be unique externally too. There then has to be a hierarchy to determine which party generates the UTI or whether some third party like a dealing platform or broker is better able to fulfil the role. Whether or not a standardised system is adopted, ultimately it will be up to the parties to a deal to agree what UTI they use, and obviously both must use the same UTI.

imported>Martin ODonovan: Expand on UTI definition

2013-11-15T15:33:13Z

Expand on UTI definition

← Older revision		Revision as of 15:33, 15 November 2013
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	Unique Transaction Identifier.		Unique Transaction Identifier.

			A UTI is a means of identifying a financial transaction and is required to be allocated to every derivative transaaction that must be reported to a Trade repository under EMIR. The regulators have not stipulated how it is to be created, instead it is being left to market participants to devise a suitable system or indeed a variety of approaches.

			If the UTI is created by one party to a trade and if it incorporates that party’s LEI (or part of it) as a prefix it can then add a transaction specific reference controlled so that it is unique within that firm. The combination of LEI plus internal reference should be unique externally too. There then has to be a hierarchy to determine which party generates the UTI or whether some third party like a dealing platform or broker is better able to fulfil the role. Whether or not a standardised system is adopted, ultimately it will be up to the parties to a deal to agree what UTI they use, and obviously both must use the same UTI.

imported>Doug Williamson at 15:06, 13 November 2013

2013-11-13T15:06:04Z

← Older revision		Revision as of 15:06, 13 November 2013
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	==See also--		==See also==
	* [[EMIR]]		* [[EMIR]]

	[[Category:Capital_Markets_and_Funding]]		[[Category:Capital_Markets_and_Funding]]
	[[Category:Managing_Risk]]		[[Category:Managing_Risk]]

imported>Doug Williamson: Create the page. Source ↑ http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2012:201:0001:0059:EN:PDF

2013-11-13T15:05:34Z

Create the page. Source ↑ http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=OJ:L:2012:201:0001:0059:EN:PDF

New page

Unique Transaction Identifier.

==See also--
* [[EMIR]]

[[Category:Capital_Markets_and_Funding]]
[[Category:Managing_Risk]]