DTCC considers FX central counterparty
NEW YORK - The Depository Trust & Clearing Corporation (DTCC) is considering the creation of a central counterparty (CCP) clearing facility for foreign exchange, officials tell FX Week .
The US clearing house said becoming a CCP to the forex market is one of a number of opportunities being evaluated to expand its services as it moves towards a merger with LCH.Clearnet. "We would have to decide whether we have the resources to commit and whether the market feels it has the need for, or enough
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