ARTICLE · 01 APRIL 2025

Reminder: Daylight saving time for New York has started

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Checks to ensure your trades/transactions are accurately reported under EMIR, MiFIR, SFTR, ASIC, MAS & Canada.

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Are you reporting trades by New York (NY) time or following NY close of business? If so, it is important to check your trades/transactions are still reported at the correct time once daylight saving time (DST) begins in New York on 9 March 2025.

TRAction recommends you undertake the following checks to ensure your trades/transactions are accurately reported under EMIR, MiFIR, SFTR, ASIC, MAS and Canada:

EMIR, MiFIR and SFTR Reporting

Check the Time fields in your handback files

11 March 2025 will be the first day that you receive your handback file for trades/transactions carried out after the end of NY's DST.

You will need to cross check the time of your trades/transactions against the UTC time recorded under the following fields:

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