DTCC, the premier post-trade market infrastructure for the global financial services industry, today announced that Societe Generale is the first Prime Broker to leverage CTM’s new automated tri-party trade matching workflow as the industry prepares for the increased focus on global accelerated settlement requirements.
CTM is DTCC Institutional Trade Processing’s central matching service for cross-border and domestic transactions across multiple asset classes.
CTM’s new capability streamlines trade communications between Hedge Funds, Prime Brokers and Executing Brokers. Initially launched to support EMEA securities markets, the firm plans to expand access to the new functionally to other markets in the future.
As the global financial services industry prepares globally for increased accelerated settlement initiatives, firms are…
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