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Tech on Tuesday: MarkitSERV goes global


MarkitSERV has started transmitting to DTCC trade repository.

MarkitSERV, the OTC derivative trade-processing service, is transmitting trade records to the Global Trade Repository (GTR) launched by US clearing utility the Depository Trust and Clearing Corporation (DTCC), on 5 December 2011.

With clients' authorisation, MarkitSERV's trade reporting system automatically transmits confirmed trade records to the GTR, which handles interest-rate derivative records,...

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