Brightbridge Wealth Management Headlines: EFETnet and DTCC Selected by Industry to Develop Commodity

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Collaboration Combines EFETnet’s strength in the commodities market with DTCC’s in OTC derivatives trade repositories
NEW YORK & AMSTERDAM–(BUSINESS WIRE)–EFETnet and DTCC Deriv/SERV LLC (DTCC), announced that the two at-cost, user governed industry cooperatives are collaborating with market participants in the commodities industry to establish a global Commodity Derivatives Trade Repository. The proposed new repository, which will be domiciled in Europe and jointly owned by DTCC and EFETnet, follows EFETnet and DTCC being selected by the International Swaps and Derivatives Association, Inc.’s (ISDA) Commodities Steering Committee to work with the industry on the next stage of development for this new service. » Brightbridge Wealth Management Headlines: EFETnet and DTCC Selected by Industry to Develop Commodity
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