DTCC seeks to create a storehouse for U.S. derivatives transactions

Depository Trust & Clearing is seeking to register a new warehouse for U.S. transactions of derivatives. DTCC's swaps-data repository would be for multiple asset classes, including credit, equity, interest-rate and foreign-exchange derivatives. The DTCC Data Repository would be in addition to the Trade Information Warehouse, a global swaps repository. The Dodd-Frank Act is prompting DTCC to create a separate warehouse for U.S.-only transactions.

View Full Article in:

Securities Technology Monitor · Banking-Business-Review.com

Published in Brief: