Derivatives

DTCC launches OTC Derivatives Trade Information Warehouse

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

Markit Group to price loan credit default swaps

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