Spotlight on: Stewart Macbeth, DTCC

Stewart Macbeth at the DTCC

For the Depository Trust & Clearing Corporation (DTCC), the news in July that it had been selected by the global FX division of the Association for Financial Markets in Europe (Afme) to develop a trade repository for the foreign exchange market in partnership with messaging provider Swift was something of a coup.

The New York-based co-operative first launched the trade information warehouse in November 2006 to hold a central record of credit derivatives transactions. Following the Group of 20's

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