MarkitServ unveils middleware connectivity service for FX clearing
MarkitServ, the over-the-counter derivatives middleware provider that acquired forex-focused vendor Logicscope last year, today unveils a new connectivity service to enable banks and buy-side firms to route foreign exchange trades to central counterparties (CCPs).
The offering has been certified by three emerging FX clearing ventures operated by LCH.Clearnet, CME Group and the Singapore Exchange (SGX). It will enable participants to match, legally confirm and route OTC FX transactions to those
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