MarkitSERV Acquires Logicscope

MarkitSERV, Markit's electronic trade-processing platform for OTC derivatives, is set to acquire Logicscope Limited, a provider of post-trade workflow solutions and straight-through-processing (STP) for foreign exchange (FX) transactions.

Over the last year, MarkitSERV has been working with the industry to expand its service to support trade processing and clearing for the foreign exchange industry.

According to Markit, Logicscope's TradeSTP trade-processing technology and connectivity to more

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