What is MarkitWire?
MarkitWire was the affirmation platform for rates and equity derivatives, where as DTCC DerivSERV was the matching platform for credit and equity derivatives. However, in 2013 Markit acquired DTCC ownership of MarkitSERV, which is now a product of the company.
Is MarkitWire a trading venue?
An electronic trade capture and confirmation platform.
Is MarkitSERV a CCP?
MarkitSERV’s comprehensive OTC clearing solution links buy-side firms with executing brokers, clearing members and CCPs for efficient, end-to-end trade processing from execution to clearing. MarkitSERV is connected to all major clearinghouses supporting OTC derivatives.
What does MarkitSERV do?
MarkitSERV is a multi asset class service for the management of trade confirmation, clearing and regulatory reporting. It also offers a comprehensive suite of FX software.
What is MarkitWire used for?
It provides connectivity to major global broker-dealers and prime brokers, and enables buy-side clients to receive, affirm and confirm all trade processing steps in an automated manner, including new trades, allocations, unwinds and assignments.
Who owns Markit?
IHS Markit
IHS Markit Economics & Country Risk, Inc./Parent organizations
What is Omgeo CTM?
Omgeo Central Trade Manager (Omgeo CTM) is Omgeo’s strategic platform for the central matching of fixed income and equity transactions to further streamline trade flows, decrease operational risk and increase efficiency.
Who is the CEO of IHS Markit?
Lance Uggla (Jan 1, 2018–)
IHS Markit/CEO
Lance Uggla is Chairman and CEO of IHS Markit. He served as president from July 2016 to December 2017 and was appointed chief operating officer in October 2017.
Are derivatives regulated?
Derivative Exchanges and Regulations Some derivatives are traded on national securities exchanges and are regulated by the U.S. Securities and Exchange Commission (SEC). Other derivatives are traded over-the-counter (OTC), which involve individually negotiated agreements between parties.