LMA: Electronic loan trading platform to become available soon

April 13, 2011

At the latest in the LMA's series of loan operations/settlement seminars, held on 12 April 2011, Joe Widner, Global Head of Loan Processing at Markit, demonstrated how fully electronic settlement of loan transactions will take place on Markit Clear, the trade settlement platform operated by Markit. The company expects to introduce the service in the European market in 2011.