Markit Introduces MarkitSERV FX Broker Affirmation Service
Posted: Mon Mar 14, 2016 2:22 pm
Markit (Nasdaq: MRKT), a global provider of financial information services, has introduced a new service as part of its comprehensive offering, tapped MarkitSERV FX Broker Affirmation, which enables banking groups to affirm foreign exchange (FX) trades executed by inter dealer brokers, according to a Markit statement.
The passage of the launch has also seen the sign up of this service by several industry entities, including a total of seven inter dealer brokers and eight banks – as a result, the newly implemented service will look to engender Markit’s latest efforts to augment its centralized solutions in the FX space.
Currently, Markit boasts ... (read more)