BOAT introduces MMT standard in trade reporting
BOAT has announced the implementation of Market Model Typology (MMT) in its OTC trade reporting platform. This will further contribute to improved data quality and granularity aligned with market standards. The new release adopts the full MMT standards for OTC cash equity trade reporting, providing a standardized way of sharing post-trade data. The model is available for immediate adoption and can be used by vendors and clients. The initiative is a collaboration by a broad range of industry participants, and is supported by FIX. “One of