Depository Trust Steps Up STP Efforts With Launch Of Tradesuite Software
TRADING LINKS
NEW YORK--As part of its efforts to implement straight through processing, the Depository Trust Co. last week unveiled four post-trade software applications that it says offer counterparties a single point of access for trade communications.
Called Tradesuite, the products are described by the DTC as an open architecture for STP that conforms to industry standards such as the Financial Information Exchange, or FIX, protocol and messaging formats established by the Society for World wide Interbank
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