CME, Ice to launch repositories rivalling the DTCC

Horse race

The Depository Trust & Clearing Corporation (DTCC) may have swept the board in a series of industry-run contests to anoint derivatives data repositories, but the New York-based company still faces competition from at least two of its beaten rivals – the Chicago Mercantile Exchange (CME) and Intercontinental Exchange (Ice). Both firms say they are going ahead with plans to launch their own offerings. Swap data repositories (SDRs) are a key part of the new market infrastructure mandat

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