The Depository Trust & Clearing Corporation (DTCC) has launched a Trade Information Warehouse, which it claims will reduce the manual component in post-trade processing of over-the-counter (OTC) derivatives transactions. DTCC announced its plans to build the warehouse in February this year. Since then, a DTCC team ba
The take-up of electronic trading in global fixed income markets accelerated sharply in 2006, according to the annual Securities Industry & Financial Markets Association (Sifma) survey. The data revealed that 74% of operators of electronic trading systems for fixed income securities witnessed an increase in trading v
New York-based Global Electronic Markets (GEM) has licensed the trade comparison component fof its FpML Mediator software to T-Zero, the credit derivatives trade affirmation platform. The integration of the software will enable T-Zero's buy-side clients to perform trading activities such as assignments and early term
The Managed Funds Association (MFA), the trade association for US hedge funds, has pledged its support for the recommendations on equity derivatives practices set out by a group of 17 US broker dealers in a letter of 21 November to the Federal Reserve Bank of New York and other US securities and derivatives markets re
Markit Group, which provides OTC derivatives valuation and trade processing services, has extended its pricing service to loan credit default swaps (LCDS). Markit says LCDS was launched in response to strong interest in the nascent LCDS market from dealers and institutional investors wishing to take synthetic exposur
The take-up of electronic trading in global fixed income markets accelerated sharply in 2006, according to the annual Securities Industry & Financial Markets Association (Sifma) survey. The data, which was compiled from more than sixty operators of electronic trading systems for fixed-income securities in the US, Eur