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CME, DTCC Swap Charges on Swaps Record-Keeping

CME will operate both a clearing house and a data repository. Is that fair?

Traders Magazine Online News, January 3, 2013

Gregory Bresiger

DTCC says record-keeping in swaps markets needs to be centrally kept, by a non-profit entity, to be reliable. Not the repository of a profit-making clearing service. Nonsense, says CME Group.

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