Which statement about trade report deadlines is correct?

Which statement about trade report deadlines is correct?

• A. The equities deadline is 2 minutes after trade
• B. The investment funds deadline is 2 minutes after trade
• C. Corrections to a trade report must be completed by 11:59 PM CET
• D. The bonds deadline is 15 minutes after trade

Answer: (D)

Trade report deadlines depend on the asset class, with each having a different required reporting window after a trade. Bonds have the 15-minute deadline after execution, which is longer than the windows for other assets and makes the statement about bonds the correct one. Equities and investment funds require much tighter reporting—usually within 2 minutes after trade—so those options describe different rules. The correction deadline option mixes in a separate post-trade process (amendments), not the initial reporting deadline, so it isn’t the standard deadline for a completed trade report. In short, the bonds rule of reporting within 15 minutes after trade best matches the typical requirement.

Trade report deadlines depend on the asset class, with each having a different required reporting window after a trade. Bonds have the 15-minute deadline after execution, which is longer than the windows for other assets and makes the statement about bonds the correct one. Equities and investment funds require much tighter reporting—usually within 2 minutes after trade—so those options describe different rules. The correction deadline option mixes in a separate post-trade process (amendments), not the initial reporting deadline, so it isn’t the standard deadline for a completed trade report. In short, the bonds rule of reporting within 15 minutes after trade best matches the typical requirement.