TrueEx targets buy side with post-trade spin-off
New venture will offer average pricing for swaps starting in early 2016
TrueEx is spinning off its post-trade processing services into a separate company.
The new company – called TruePTS – will work with buy-side firms to simplify and automate the process of clearing and reporting derivatives trades executed on swap execution facilities (Sefs).
"The existing process workflow is a spaghetti knot of different processes," says Sunil Hirani, chief executive of TrueEx. "The existing infrastructure in use today was designed and integrated pre-Dodd-Frank, pre-Sef, pre
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Derivatives
