TruePTS leaves court case, wins first clients
TruePTS, the post-trade processing arm of interest rate swaps platform TrueEx, has signed up two banks to its service, less than a fortnight after putting a legal dispute behind it.
TruePTS and TrueEx settled with MarkitServ, a subsidiary of IHS Markit, on November 30, after taking MarkitServ to court for terminating a broker terms agreement for use of its drop copy service.The settlement allows TrueEx to continue using the service, while ...
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