The Depository Trust & Clearing Corporation (DTCC) expands the data its DTCC Deriv/SERV unit publishes on credit default swaps (CDS) registered in its Trade Information Warehouse (Warehouse). Significant changes will be done on company’s website to provide additional information on weekly transaction activity.
The Trade Information Warehouse is a service offering of DTCC Deriv/SERV LLC. It is registry and automated trade database supporting the post-trade processing of over-the-counter derivatives contracts over their lifecycles, from confirmation through to final settlement.
From 20 January the contract data posted on DTCC’s website will include a new Section III covering weekly trading activity registered in the Warehouse-such as new trades, terminations and assignments-for the previous week, in terms of gross notional values as well as number of contracts. This data will be provided in the aggregate as well as for single-name reference entity sectors and for major indices.
Supporting documentation that explains the data being published will also be posted on the website in conjunction with the release of the new data.
“By publishing CDS contract data each week from its Trade Information Warehouse, DTCC is delivering critical transparency to the credit default swaps market,” says Frank De Maria, managing director, DTCC and chief operating officer, DTCC Deriv/SERV.
“Users of the Warehouse, market analysts, journalists and regulators have found our data tables to be an invaluable resource in providing a global view of weekly market activity.”
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