Citi Asserts Control Over Any Data Tied to Bilateral Client Trades – The Desk
January 28, 2022 \ 0 Comments
Full Article: The Desk
The European credit trading team at Citi has, according to several large asset managers, told buy-side clients the bank owns any data relating to bilateral bond trades in which it was involved. As a result, it has said its clients may not share this information even anonymously, outside of regulatory obligations, specifically targeting its use by Glimpse Markets, a firm providing buy-side data sharing.
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