DTCC creates $270 trillion database

The Depository Trust and Clearing Corporation is to expand its over-the counter derivatives business, creating the first central depository of information on the $270 trillion (€226.6 trillion) over-the-counter derivatives market.

It will comprise a comprehensive database on individual over-the counter trades, containing "golden copies" of trade agreements.

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Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump