Euroclear and DTCC will develop platform to pool collateral

05/13/2013 | Reuters · Financial Times (tiered subscription model)

Euroclear and Depository Trust & Clearing Corp. are joining forces to develop a platform that will allow European and U.S. investment banks to see how much collateral is available to them for underpinning derivatives trades. "It's too early to say when the launch will be. We are scoping it in detail," said Saheed Awan of Euroclear.

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Reuters · Financial Times (tiered subscription model)

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