CQS streamlines OTC processing with Markit deal

LONDON – CQS, the London-based asset manager that manages a number of absolute return and directional hedge funds with $5 billion under management, is live on Markit's trade processing service, formerly know as Communicator Inc, which Markit acquired in May this year.The service – which according to Leo Schlinkert, Markit's executive vice-president and head of trade processing and distribution, spans all asset classes and instruments, and supports novations, terminations and dispute resoluti