The U.S. Depository Trust & Clearing Corp. (DTCC) is increasing its foothold in the U.K. and the Netherlands, The Wall Street Journal reports. Commodities swap data repositories (SDR) will be set up in the U.K. and the Netherlands, said DTCC managing director and general counsel Larry Thompson.
DTCC won two mandates that will be headquartered in the U.K. One is build a number of swap data repositories and the other a foreign exchange SDR mandate.
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