Global trade reporting ‘a mess', Sibos delegates told

But FSB aims to overcome data aggregation issues

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FSB aims to overcome data aggregation issues

Market participants including Commerzbank and the Depository Trust and Clearing Corporation (DTCC) told delegates at the annual Sibos conference in Boston that they remain concerned at the lack of co-ordination being applied to aggregate derivatives trade reporting data.

Aggregation of the data being reported across trade repositories is necessary to ensure that authorities are able to obtain a comprehensive global view of the OTC derivatives market and activity and meet objectives set by the Gr

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