IHS Markit, in conjunction with CLS and LCH, will automate post-trade processes for complex currency derivatives but is looking at the entire market.
Service will initially support cleared interest rate swaps, basis swaps, forward rate agreements, overnight index swaps and swaptions.
Broker Affirmation service for foreign exchange trades aims to reduce complexity, cost and risk.
Service to facilitate automated netting for OTC derivatives and provide single data source for trades.
MarkitSERV, Markit’s electronic trade processing service for over-the-counter (OTC) derivative transactions, has connected to Korea Exchange (KRX) for the clearing of interest-rate swaps.
Markit has integrated real-time trade data from its MarkitServ electronic trade processing service for over-the-counter derivatives with its Portfolio Valuations valuation service that provides independent mark-to-market valuations and risk analytics for…
London-based Markit has announced that MarkitSERV will now be able to report over-the-counter (OTC) derivatives trades in rates, credit and equities for customers in accordance with European Market Infrastructure Regulation (Emir) requirements.
MarkitSERV, Markit’s electronic trade processing service for over-the-counter (OTC) derivatives, now connects customers to OTC Clearing Hong Kong (OTC Clear), the clearing service established by Hong Kong Exchanges and Clearing (HKEx). OTC Clear started…
Fiserv has announced that its post-trade processing TradeFlow product, recently upgraded with connections to MarkitSERV, will now be available on Linux.
Financial data provider Markit has appointed MarkitSERV’s former CEO, Jeff Gooch, as chief financial officer.
MarkitSERV, Markit’s electronic trade processing service for over-the-counter (OTC) derivative transactions, will be the first middleware provider to deliver foreign exchange (FX) trades for clearing to Nasdaq OMX.
Post-trade processing services provider DTCC says buying out Thomson Reuters' half ownership stake in Omgeo will promote DTCC's expansion, through Omgeo's 6,500 clients and 80 technology partners in 52 countries
Citi, Bank of America Merrill Lynch (BAML) and Goldman Sachs have signed up to MarkitSERV Credit Centre, Markit's pre-trade credit-checking facility for over-the-counter (OTC) derivatives transactions.
A group of back office vendors at the Futures Industry Association (FIA) New York Expo had a chance to brag about the most exciting product they have on offer, or in the works. This is what they offered up.
Markit has announced that it will buy out the Depository Trust and Clearing Corporation (DTCC) from their joint venture, MarkitSERV.
Over-the-counter (OTC) derivatives processing service MarkitSERV has announced that has connected with the Chicago Mercantile Exchange (CME) in order to support the clearing of foreign exchange (FX) derivatives contracts.
Trade processing specialist MarkitSERV has announced the release of Credit Center, its pre-trade credit checking facility for over-the-counter (OTC) derivatives transactions.
Misys' Confirmation Matching Service (CMS) customers can now to deliver foreign exchange (FX) derivative trades to central counterparties (CCPs) through MarkitSERV's FX clearing gateway.
MarkitSERV, the electronic trade processing service for over-the-counter derivative transactions, has enhanced its connectivity and trade management support for buy-side clearing of credit default swap (CDS) transactions at ICE Clear Credit. The first…
Clients gain access to multiple CCPs through partnership.
The vendor will connect to more CCPs as they begin to clear FX.
Company has also backloaded three million trades to the system.