DTCC Trade Repository Receives Swiss Green Light
The trade reporting provider will have authorization to serve Switzerland's derivatives market.
The Depository Trust and Clearing Corp. (DTCC) has received authorization by the Swiss Financial Markets Supervisory Authority (finma) to provide derivatives trade reporting services to the Swiss Markets and will begin accepting reports in two weeks.
DTCC’s Global Trade Repository (GTR) service, based in Europe, is now recognized as a Foreign Trade Repository in Switzerland and licensed to support over-the-counter (OTC) reporting under the Swiss Financial Markets Infrastructure Act (FMIA)
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