GTR CFTC/Canada/SEC (NoA): Trade Uniqueness

• For Trade State (P45) reporting AND Public Price Dissemination (P43) reporting, the uniqueness of a trade is determined by the concatenation of UTI (UTI ID prefix + UTI ID value) + USI (USI ID prefix + USI ID value) + Trade Party 1 (ID Type + ID).
• GTR uses UTI/USI + TP1 to reference this uniqueness.

This setup requires the removal of duplicate trades, where trades with the same UTI/USI+TP1 exist with multiple different Trade Party 2 (“TP2”) parties.

If you did not review existing Trade State Reports for such trades and exit the appropriate trades prior to December 3, 2022, DTCC references the most recently updated trade to carry forward and discontinues reporting of other duplicate trades with the same UTI/USI+TP1.