BGC Partners, GFI, Tradition, Tullett Prebon choose MarkitServ to manage workflows.
MartkitServ, a provider of electronic trade processing for over-the-counter (OTC) derivatives, has linked up with four interdealer brokers (IDBs) to provide voice trade affirmation, regulatory reporting and clearing services for foreign exchange (FX) transactions.
BGC Partners, GFI, Tradition, and Tullett Prebon will use MarkitServ’s technology for integrated voice affirmation, clearing and regulatory reporting workflows.
"We are very excited to be working with [these] brokers to help them to navigate successfully through the enormous data management and workflow challenges arising—now and in the future—from regulatory change," says Keith Tippell, co-head of FX at MarkitServ.
Bryan Harkins joins to discuss how the CBOE-Bats integration is going and plans for the exchange operator going forward. Anthony and James talk about the SEC hack and Esma's potential new powers.Subscribe to Weekly Wrap emails