DTCC Takes S&P’s Bond Evaluation Data

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NEW YORK--The Depository Trust & Clearing Corp. (DTCC) has chosen Standard & Poor’s Evaluations Services to provide municipal bond pricing data for its clearing and settlement operations. S&P already provided terms of condition and corporate action data to DTCC.

The agreement, which spans more than three years, covers all pricing evaluations and corporate actions data. Terms were not disclosed.

Frank Cicotto, managing director, Standard & Poor’s JJ Kenny Evaluation/Information services, calls