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DTCC Opens New Era of Repo Clearing as Citadel and Morgan Stanley Send First Trade through CCIT Service

New York/London/Singapore/Hong Kong/Sydney, June 29, 2017 – The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that the new Centrally Cleared Institutional Tri-Party (CCIT) Service of its Fixed Income Clearing Corporation (FICC) subsidiary is live, and the first trade has been executed between Citadel and Morgan Stanley.

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