Multiple repositories will protect against technological failure


The decision by over-the-counter derivatives trade repository Regis-TR to extend its reporting service to foreign exchange derivatives in November could thwart efforts by the global foreign exchange division of the Association for Financial Markets in Europe (Afme) to identify a single global trade repository for the FX market.

Regis-TR reiterated its commitment to cover FX derivatives at September-end, shortly after Afme selected the Depository Trust & Clearing Corporation (DTCC) and networking

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