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2010 Press Releases
March 11, 2010DTCC Trade Information Warehouse Completes Record Year Processing OTC Credit DerivativesThe Depository Trust & Clearing Corporation’s (DTCC) Trade Information Warehouse, a global repository that records the details of OTC credit default swap trades, ended 2009 supporting the processing and recordkeeping of more than 2.2 million contracts, worth more than US$25.1 trillion (€17.5 trillion), helping to reduce risk in the market.
February 23, 2010Turquoise and EuroCCP Launch Trading and Clearing Services for Hungarian and Czech Republic IssuesEuroCCP and Turquoise today announce they have expanded their respective clearing and trading services into two additional markets, Hungary and the Czech Republic. The move makes Turquoise the first multilateral trading facility (MTF) to offer trading and EuroCCP the first pan-European CCP to offer clearing services in the 25 components of the main Hungarian and Czech indices—the BUX and PX indices, respectively.
February 10, 2010DTCC Receives Fed Approval for Warehouse to be Member of Federal Reserve SystemThe Depository Trust & Clearing Corporation (DTCC) announced today that the Federal Reserve Board had approved its application to establish a DTCC subsidiary that is a member of the Federal Reserve System to operate the Trade Information Warehouse (Warehouse) for over the-counter (OTC) credit derivatives.
February 03, 2010EuroCCP to Begin Clearing Exchange-Traded CurrenciesEuroCCP today announced that on Friday, the 5th of February, it will launch clearing services for European-listed Exchange-Traded Currencies (Currency ETCs), continuing to extend to new instruments the efficiency, cost-saving and counterparty risk protection benefits it currently provides to clients’ equity and Depositary Receipts transactions.