DTCC debuts trade repository for FX market

01/9/2013 | Wall Street Journal, The · Wall Street Journal, The

A global trade repository designed to store data for the foreign exchange market launches today. Depository Trust & Clearing says derivatives-clearing organizations will begin reporting trades to the service, while banks and financial firms operating in the U.S. may do so but are not required to until Feb. 28. The trade repository's debut, while a positive development, is hardly a panacea, Geoffrey Rogow and William Kemble-Diaz write.

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Wall Street Journal, The · Wall Street Journal, The

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