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New Markit Red License for Buy Side
London-headquartered information provider Markit, has introduced a new freely available license for the Markit Reference Entity Database (Red) for small buy-side firms. Asset managers with light credit default swap (CDS) trading volumes using DTCC Deriv/SERV for trade confirmation will now have access to market best practice in CDS trade processing. The new license has been developed for smaller firms, enabling them to adopt a similar standard to other market
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