Taiwan's Gretai Securities Market to set up trade repository

taipei-taiwan
Driving force: Taiwan's GTSM is hoping to launch a trade repository covering all OTC asset classes

Gretai Securities Market (GTSM), the exchange and industry-backed interest rate and bond derivatives exchange in Taiwan, is seeking market views on a proposal to set up a trade repository through expanding its coverage to all over-the-counter (OTC) asset classes and market participants starting in 2012.

Market participants say Taiwan, which has an OTC exchange that requires trading members declare their positions already, could steal a march in the region for implementing a meaningful trade repo

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