A systemically important market infrastructure responsible for registration of OTC repo and derivative trades; the key participant of the Marketplace project, acting as Registrar of Financial Transactions.
The purpose of the Format and Logical Control (FLC) service is to reduce the number of potential errors in parameters of trades reported by clients to the Trade Repository.
The purpose of the Format and Logical Control (FLC) service is to reduce the number of potential errors in parameters of trades reported by clients to the Trade Repository.
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