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DIFC’s DClear Releases Plans for Reference Data Utility

At 22 May 2008 07:01:17 in RDR-Industry Initiatives, Reference Data Review Full content requires subscription

DClear, the wholly owned subsidiary of the investment arm of the Dubai International Financial Centre (DIFC), has released plans for a reference data utility for the global financial market. The aim of the project is to provide a shared copy of reference data among financial market participants on both the buy and sell sides. It is hoped that DClear will be the first comprehensive clean data service providing all the reference data a company will need to trade and perform post-trade processing across a large range of financial instruments.

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