DTCC signs first buy-side clients to CDS matching service

NEW BUSINESS | FUNDS LIVE ON CDS SERVICE

NEW YORK -- The Depository Trust & Clearing Corporation (DTCC) has added its first major buy-side clients to its automated credit default swaps matching service.

Moore Capital Management and Citadel Investment Group, two global hedge funds, went live with the service last month, while Primus Financial Products, an institutional portfolio manager dealing primarily with credit derivatives, has been using the service since December.

Peter Axilrod, managing director of new business development at

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