DTCC and KRX sign memorandum of understanding
The companies express their intent to forge a successful trade-repository solution in South Korea
The Depository Trust & Clearing Corporation (DTCC) and the Korea Exchange (KRX) have signed a memorandum of understanding to co-operate on a trade-repository solution in South Korea.
The two companies will explore linking DTCC's global trade repository (GTR) directly with KRX, enabling international firms to leverage GTR for cross-border transaction reporting to South Korean regulators.
This has the potential to add transparency, foster co-operation across jurisdictions and help users to satisfy
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