Whether you are on the buy or sell side, the MarkitSERV platform offers several choices to communicate with your counterparties and clearers, and provides a consistent workflow from confirmations to corporate actions processing and portfolio reconciliation.

• options, total return swaps, variance swaps, dividend swaps, and corresponding sub-products including variance, barrier, spread, butterfly, straddle, strangle and cliquet options, and dispersion variance swaps.

Leading industry participants are committed to the creation of an environment where frequently traded products are supported by streamlined documentation using Master Confirmation Agreements (MCAs). MarkitSERV actively participates in all ISDA® working groups tasked to create and publish MCAs, analyzing the documentation and providing insight related to ultimate standardisation and electronic processing to the MarkitWire and DSMatch services. As a pre-requisite to confirming a transaction with either service, parties must have the applicable product MCA and ISDA® Master Agreement executed.

MarkitSERV will continue to develop new services for equity derivatives in line with the published MCAs, and provide guidance to the industry for efficient and streamlined processing.

MarkitSERV also offers MCA-Xpress, a Web-based application that streamlines the negotiation and execution process by automating what has traditionally been a manual and labour-intensive MCA paper-based process, fostering market participants’ ability to move to an automated environment for processing OTC equity derivative MCAs. Parties may also upload and reference MCAs executed outside MCA-Xpress, thereby providing a single global location to view all MCAs.