DTCC Offers Prime Brokers New Way to Match
Clearing Quarterly & Directory
Clearing Quarterly and Directory, Clearing Quarterly & Directory: Winter 2007
The explosion of hedge fund trading in government securities and repurchase agreements is leading to greater risks and clearing costs, say officials at the Depository Trust & Clearing Corp., who are offering a new service. Prime Broker Netting, designed for prime brokers and their executing brokers, is a new matching, comparison and clearing service of the DTCCs Fixed Income Clearing Corp (FICC).
All TradersMagazine.com articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, online technology directory, the iPad App, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and trading strategies.