MarkitServ squares up to Traiana over pre-trade hub

Jeff Maron at Markitserv
Jeffrey Maron, Markit

Post-trade technology providers MarkitServ and Traiana are vying to gain critical mass for their respective pre-trade credit hubs, both of which are newly launched and aim to provide certainty of clearing and execution under new regulations for over-the-counter derivatives.

Traiana completed production testing with its first futures commission merchant (FCM) last month and now has seven additional FCMs in the process of joining its CreditLink product for pre-trade certainty, while MarkitServ

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