MarkitServ beefs up FX offering with Logicscope acquisition

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Jeff Gooch, Markit

Over-the-counter derivatives post-trade processing provider MarkitServ is planning an aggressive push into foreign exchange clearing in the coming months, as it integrates London-based deal notification and data integration service provider Logicscope, which it acquired earlier this week.

MarkitServ, which itself launched in September 2009 as a joint venture between Markit and the Depository Trust & Clearing Corporation, has a stronger footprint in credit, interest rates and equities, but has

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