Traiana and MarkitServ in turf war over pre-trade screening
The battle between Traiana and MarkitServ to gain support for their respective products for pre-trade credit screening and clearing certainty intensified this week after Traiana announced on Wednesday its product had received support from leading clearing houses, trading platforms and futures commission merchants (FCMs), including Barclays, Bank of America Merrill Lynch (BAML), Citi, Goldman Sachs and JP Morgan.
Pre-trade screening has emerged as a critical part of the new market infrastructure
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