Equity derivatives trade repository shortlist drawn up


Three companies have been short-listed to operate an equity derivatives trade repository, Risk understands.

Among the firms on the shortlist are Stockholm-based technology company TriOptima, which was selected to provide a trade repository for interest rate derivatives on September 16, and the Depository Trust & Clearing Corporation, which has operated the trade information warehouse for credit derivatives since November 2006.

Six companies presented proposals to an initial valuation committee c